Commodity Prices

Gold •624 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,976.00	+32.30	+1.66%
WTI Crude •11 mins	94.34	-1.21	-1.27%
Gasoline •20 mins	3.151	+0.024	+0.77%
Ethanol •624 days	2.161	+0.000	+0.00%
Silver •624 days	30.82	+1.16	+3.92%

Silver • 624 days	30.82	+1.16	+3.92%
Copper • 624 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	108.19	-0.46	-0.42%
Natural Gas • 11 mins	3.128	-0.038	-1.20%
Heating Oil • 18 mins	4.388	+0.046	+1.05%

Headlines

1,009 days Will The ECB Continue To Hike Rates?
1,009 days Forbes: Aramco Remains Largest Company In The Middle East
1,011 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,411 days Could Crypto Overtake Traditional Investment?
1,415 days Americans Still Quitting Jobs At Record Pace
1,417 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,420 days Is The Dollar Too Strong?
1,421 days Big Tech Disappoints Investors on Earnings Calls
1,422 days Fear And Celebration On Twitter as Musk Takes The Reins
1,423 days China Is Quietly Trying To Distance Itself From Russia
1,424 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,428 days Crypto Investors Won Big In 2021
1,428 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,429 days Food Prices Are Skyrocketing As Putin’s War Persists
1,431 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,431 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,435 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,435 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,436 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,438 days Are NFTs About To Take Over Gaming?

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

The Feds Continue To Prop Up Equities Markets

The bull market of the…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

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).

Daily Technical Report