Commodity Prices

Gold •358 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,423.70	+80.70	+6.01%
WTI Crude •11 mins	65.40	+0.48	+0.74%
Gasoline •11 mins	2.097	+0.014	+0.69%
Ethanol •358 days	2.161	+0.000	+0.00%
Silver •358 days	30.82	+1.16	+3.92%

Silver • 358 days	30.82	+1.16	+3.92%
Copper • 358 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	67.87	+0.19	+0.28%
Natural Gas • 1 hour	3.302	-0.104	-3.05%
Heating Oil • 10 mins	2.374	+0.077	+3.36%

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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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