Commodity Prices

Gold •416 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,363.10	+4.20	+0.31%
WTI Crude •1 day	63.66	+0.14	+0.22%
Gasoline •1 day	2.159	-0.001	-0.06%
Ethanol •416 days	2.161	+0.000	+0.00%
Silver •416 days	30.82	+1.16	+3.92%

Silver • 416 days	30.82	+1.16	+3.92%
Copper • 416 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	67.73	+0.06	+0.09%
Natural Gas • 1 day	2.698	-0.128	-4.53%
Heating Oil • 1 day	2.308	-0.017	-0.73%

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Gold - Strong Bearish Retracement

By - Jun 22, 2016, 6:10 AM CDT

Gold has broken support at 1276 (14/06/2016 low). Resistance stands at 1299 (17/06/2016 high). Yet, expected to bounce back higher if support at 1256 is not broken (09/06/2016 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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