Commodity Prices

Gold •414 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,353.90	-5.00	-0.37%
WTI Crude •10 mins	63.34	-0.18	-0.28%
Gasoline •36 mins	2.165	+0.005	+0.22%
Ethanol •414 days	2.161	+0.000	+0.00%
Silver •414 days	30.82	+1.16	+3.92%

Silver • 414 days	30.82	+1.16	+3.92%
Copper • 414 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	67.47	-0.20	-0.30%
Natural Gas • 15 mins	2.812	-0.014	-0.50%
Heating Oil • 35 mins	2.323	-0.002	-0.08%

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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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