Commodity Prices

Gold •10 mins	1,645.70	+8.00	+0.49%
Platinum •10 mins	718.10	-11.90	-1.63%
WTI Crude •18 hours	28.34	+3.02	+11.93%
Gasoline •18 hours	0.692	+0.029	+4.35%
Ethanol •18 hours	0.864	-0.001	-0.12%
Silver •10 mins	14.49	-0.16	-1.09%

Silver • 10 mins	14.49	-0.16	-1.09%
Copper • 10 mins	2.193	-0.026	-1.17%
Brent Crude • 17 hours	34.11	+4.17	+13.93%
Natural Gas • 18 hours	1.621	+0.069	+4.45%
Heating Oil • 18 hours	1.071	+0.076	+7.59%

Headlines

16 hours Gold Is Still A Safe Haven, But Not Very Alluring
1 day What Does CHina’s EV Slowdown Mean For The Battery Metals Sector?
2 days COVID Report Cards Will Brand Businesses Forever
2 days Trump Tweet Sends Oil Soaring 25%
3 days Why The Coronavirus Economic Crash Is Worse Than You Think
3 days Is A Global Currency Necessary?
4 days America Has Shed 500,000 Millionaires Since The Coronavirus Lockdown Began
4 days Trump Wants Another $2 Trillion Economic Intervention
5 days The Surprising Businesses Deemed “Essential” During The Coronavirus Lockdown
5 days Priceless Van Gogh "Spring Garden" Painting Stolen
5 days Oil Falls To $20 For First Time In Nearly Two Decades
5 days COVID-19 Could Be The End Of U.S. Coal
6 days How Much Does Your Social Security Number Cost? $4 On The Dark Web
7 days Silver Stocks Have Been Decimated In The Coronavirus Sell-Off
8 days How Blockchain Tech Could Make Mergers And Acquisitions More Efficient
8 days America’s Shortage Of This Metal Keeps Trump Up At Night
9 days Bidet Bonanza: Defying The Toilet Paper Shortage
9 days U.S. Auto Sales Fall By 75%
10 days Violating Quarantine? Big Brother Is Watching
10 days Does Gold Still Have Some Room To Run?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

Gold - Bullish Breakout

By - Nov 02, 2016, 7:07 AM CDT

Gold's new leg higher is definitely on. Hourly resistance given at 1284 (28/10/2016 high) hs been broken. Hourly support is located at 1261 (21/10/2016 high). Stronger support is given at 1241 (07/10/2016 low). Expected to see continued upside pressures.

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