Commodity Prices

Gold •383 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,491.20	-4.50	-0.30%
WTI Crude •1 hour	66.60	-0.60	-0.89%
Gasoline •24 mins	2.117	-0.015	-0.68%
Ethanol •383 days	2.161	+0.000	+0.00%
Silver •383 days	30.82	+1.16	+3.92%

Silver • 383 days	30.82	+1.16	+3.92%
Copper • 383 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	68.82	-0.39	-0.56%
Natural Gas • 10 mins	3.290	-0.035	-1.05%
Heating Oil • 11 mins	2.480	-0.029	-1.15%

Headlines

768 days Will The ECB Continue To Hike Rates?
768 days Forbes: Aramco Remains Largest Company In The Middle East
770 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,170 days Could Crypto Overtake Traditional Investment?
1,174 days Americans Still Quitting Jobs At Record Pace
1,176 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,179 days Is The Dollar Too Strong?
1,180 days Big Tech Disappoints Investors on Earnings Calls
1,181 days Fear And Celebration On Twitter as Musk Takes The Reins
1,182 days China Is Quietly Trying To Distance Itself From Russia
1,183 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,187 days Crypto Investors Won Big In 2021
1,187 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,188 days Food Prices Are Skyrocketing As Putin’s War Persists
1,190 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,190 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,194 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,194 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,194 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,197 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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 - Selling Pressures Are Fading

By - Jul 18, 2016, 6:00 AM CDT

Gold's short-term consolidation continues. Hourly support is given at 1303 (28/07/2016 low) while hourly resistance is given at 1375 (06/07/2016 high). Volatility is lowering and indicates another bullish move.

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