Commodity Prices

Gold •10 mins	1,283.60	-1.80	-0.14%
Platinum •10 mins	802.90	+3.40	+0.43%
Bitcoin •1 min	7,929.14	+113.12	+1.45%
WTI Crude •9 hours	58.63	+0.72	+1.24%
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Silver •10 mins	14.56	-0.06	-0.40%

Silver • 10 mins	14.56	-0.06	-0.40%
Copper • 10 mins	2.700	+0.019	+0.71%
Ethereum • 1 min	249.51	+6.13	+2.52%
Brent Crude • 9 hours	67.47	+0.97	+1.46%
Natural Gas • 9 hours	2.611	+0.019	+0.73%

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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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