Commodity Prices

Gold •10 mins	1,805.50	+0.30	+0.02%
Platinum •10 mins	942.70	+4.30	+0.46%
WTI Crude •11 mins	90.52	-0.24	-0.26%
Gasoline •12 mins	2.877	-0.009	-0.31%
Ethanol •3 hours	2.161	+0.000	+0.00%
Silver •10 mins	20.68	+0.06	+0.30%

Silver • 10 mins	20.68	+0.06	+0.30%
Copper • 10 mins	3.588	+0.002	+0.04%
Brent Crude • 13 mins	96.33	-0.32	-0.33%
Natural Gas • 17 mins	7.659	+0.070	+0.92%
Heating Oil • 11 mins	3.204	+0.025	+0.78%

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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).

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