Commodity Prices

Gold •756 days	2,368.70	+35.30	+1.51%
Platinum •19 mins	1,601.20	-1.10	-0.07%
WTI Crude •11 mins	85.79	+1.33	+1.57%
Gasoline •32 mins	3.359	-0.038	-1.13%
Ethanol •756 days	2.161	+0.000	+0.00%
Silver •756 days	30.82	+1.16	+3.92%

Silver • 756 days	30.82	+1.16	+3.92%
Copper • 756 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	92.71	+1.97	+2.17%
Natural Gas • 11 mins	2.722	+0.000	+0.00%
Heating Oil • 27 mins	4.328	-0.042	-0.97%

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Gold - Back To 6-Week Low

By - May 25, 2016, 6:12 AM CDT

Gold keeps on moving lower. Resistance is given at 1303 (02/05/2016 high) and support at 1242 (24/05/2016) has been broken. The bearish momentum is very strong and the metal should monitor stronger support at 1208 (28/03/2016 low).

In the long-term, the technical structure suggests that there is a growing upside momentum. A break of 1392 (17/03/2014) is necessary ton confirm it, A major support can be found at 1045 (05/02/2010 low).

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