Commodity Prices

Gold •623 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,026.40	-110.10	-5.15%
WTI Crude •11 mins	98.59	+2.38	+2.47%
Gasoline •11 mins	3.170	+0.047	+1.50%
Ethanol •623 days	2.161	+0.000	+0.00%
Silver •623 days	30.82	+1.16	+3.92%

Silver • 623 days	30.82	+1.16	+3.92%
Copper • 623 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	109.77	+6.35	+6.14%
Natural Gas • 10 mins	3.165	+0.132	+4.35%
Heating Oil • 11 mins	4.313	+0.297	+7.40%

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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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