Commodity Prices

Gold •232 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	996.50	+10.30	+1.04%
WTI Crude •12 mins	72.50	+0.25	+0.35%
Gasoline •12 mins	2.088	+0.002	+0.08%
Ethanol •232 days	2.161	+0.000	+0.00%
Silver •232 days	30.82	+1.16	+3.92%

Silver • 232 days	30.82	+1.16	+3.92%
Copper • 232 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	76.48	+0.44	+0.58%
Natural Gas • 12 mins	4.143	-0.137	-3.20%
Heating Oil • 12 mins	2.502	+0.045	+1.83%

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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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