"No warning can save people determined to grow suddently rich" - Lord Overstone
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Gold •15 mins | 1,509.80 | -3.60 | -0.24% |
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Platinum •15 mins | 941.80 | -2.40 | -0.25% |
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WTI Crude •11 mins | 59.03 | -0.31 | -0.52% |
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Gasoline •12 mins | 1.648 | -0.000 | -0.03% |
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Ethanol •3 hours | 1.378 | -0.020 | -1.43% |
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Silver •15 mins | 18.02 | -0.12 | -0.66% |
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Silver • 15 mins | 18.02 | -0.12 | -0.66% | |
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Copper • 15 mins | 2.627 | -0.000 | -0.02% | |
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Brent Crude • 11 mins | 63.49 | -0.07 | -0.11% | |
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Natural Gas • 10 mins | 2.662 | -0.006 | -0.22% | |
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Heating Oil • 11 mins | 1.990 | +0.001 | +0.04% |
Modern monetary theory has been…
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Gold remains weak. Strong support found at 1199 (30/05/2016 low ) is now a new resistance. The technical structure indicates that the road is wide-open for further weakness. Indeed, further downsides may be expected as there is no close support.
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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