Commodity Prices

Gold •273 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	955.90	-39.30	-3.95%
WTI Crude •10 mins	66.60	-5.11	-7.13%
Gasoline •10 mins	2.159	-0.172	-7.37%
Ethanol •273 days	2.161	+0.000	+0.00%
Silver •273 days	30.82	+1.16	+3.92%

Silver • 273 days	30.82	+1.16	+3.92%
Copper • 273 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	69.98	-4.97	-6.63%
Natural Gas • 10 mins	4.136	+0.081	+2.00%
Heating Oil • 10 mins	2.179	-0.143	-6.17%

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Gold - Pause in Bullish Momentum

By - Jan 09, 2017, 6:31 AM CST

Gold recovery rally has stalled yet limited correction suggests extension of bullish momentum. Strong resistance is located at 1185 (28/11/2017 high). Hourly support is given at 1171 (intraday low). Strong support is located at 1122 (15/12/2016 low ).

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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