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Gold •15 mins	1,322.60	+10.30	+0.78%
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WTI Crude •45 mins	58.82	-0.22	-0.37%
Gasoline •46 mins	1.889	-0.001	-0.04%
Silver •15 mins	15.57	+0.16	+1.04%

Silver • 15 mins	15.57	+0.16	+1.04%
Copper • 15 mins	2.857	+0.014	+0.49%
Ethereum • 1 min	132.74	-2.84	-2.09%
Brent Crude • 11 mins	66.81	+0.06	+0.09%
Natural Gas • 45 mins	2.774	+0.007	+0.25%

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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).

Daily Technical Report