Commodity Prices

Gold •692 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,944.20	-7.40	-0.38%
WTI Crude •11 mins	90.21	-3.68	-3.92%
Gasoline •11 mins	3.117	-0.103	-3.21%
Ethanol •692 days	2.161	+0.000	+0.00%
Silver •692 days	30.82	+1.16	+3.92%

Silver • 692 days	30.82	+1.16	+3.92%
Copper • 692 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	96.50	-3.08	-3.09%
Natural Gas • 13 mins	2.870	-0.024	-0.83%
Heating Oil • 11 mins	3.594	-0.121	-3.26%

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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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