Commodity Prices

Gold •15 mins	1,455.90	-1.20	-0.08%
Platinum •15 mins	882.10	+1.50	+0.17%
WTI Crude •11 mins	57.01	+0.15	+0.26%
Gasoline •12 mins	1.617	+0.007	+0.41%
Ethanol •6 hours	1.445	+0.027	+1.90%
Silver •15 mins	16.83	+0.03	+0.17%

Silver • 15 mins	16.83	+0.03	+0.17%
Copper • 15 mins	2.672	+0.007	+0.28%
Brent Crude • 10 mins	62.37	+0.19	+0.31%
Natural Gas • 11 mins	2.638	+0.001	+0.04%
Heating Oil • 14 mins	1.918	+0.004	+0.22%

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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).

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