Commodity Prices

Gold •319 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	991.80	+1.60	+0.16%
WTI Crude •10 mins	61.93	-0.56	-0.90%
Gasoline •10 mins	2.126	-0.016	-0.72%
Ethanol •319 days	2.161	+0.000	+0.00%
Silver •319 days	30.82	+1.16	+3.92%

Silver • 319 days	30.82	+1.16	+3.92%
Copper • 319 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	64.82	-0.59	-0.90%
Natural Gas • 10 mins	3.243	-0.091	-2.73%
Heating Oil • 10 mins	2.126	-0.014	-0.67%

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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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