Commodity Prices

Gold •311 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,001.60	+22.10	+2.26%
WTI Crude •1 day	61.02	+1.11	+1.85%
Gasoline •1 day	2.108	+0.023	+1.10%
Ethanol •311 days	2.161	+0.000	+0.00%
Silver •311 days	30.82	+1.16	+3.92%

Silver • 311 days	30.82	+1.16	+3.92%
Copper • 311 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	63.91	+1.07	+1.70%
Natural Gas • 1 day	3.795	+0.203	+5.65%
Heating Oil • 1 day	2.066	+0.026	+1.29%

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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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