Commodity Prices

Gold •619 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	2,042.10	-123.40	-5.70%
WTI Crude •1 day	98.71	+2.98	+3.11%
Gasoline •1 day	3.041	+0.077	+2.59%
Ethanol •619 days	2.161	+0.000	+0.00%
Silver •619 days	30.82	+1.16	+3.92%

Silver • 619 days	30.82	+1.16	+3.92%
Copper • 619 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	103.14	+2.68	+2.67%
Natural Gas • 1 day	3.131	-0.102	-3.15%
Heating Oil • 1 day	4.015	+0.116	+2.97%

Headlines

1,004 days Will The ECB Continue To Hike Rates?
1,004 days Forbes: Aramco Remains Largest Company In The Middle East
1,006 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,405 days Could Crypto Overtake Traditional Investment?
1,410 days Americans Still Quitting Jobs At Record Pace
1,412 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,415 days Is The Dollar Too Strong?
1,416 days Big Tech Disappoints Investors on Earnings Calls
1,416 days Fear And Celebration On Twitter as Musk Takes The Reins
1,418 days China Is Quietly Trying To Distance Itself From Russia
1,418 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,422 days Crypto Investors Won Big In 2021
1,423 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,423 days Food Prices Are Skyrocketing As Putin’s War Persists
1,426 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,426 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,429 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,430 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,430 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,432 days Are NFTs About To Take Over Gaming?

Trader Compares Current Market Environment To 2007

It’s a mistake to view…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

Gold - Riding Uptrend Channel

By - Jan 17, 2017, 6:29 AM CST

Gold recovery is definitely on and limited correction suggests extension of bullish momentum. Hourly resistance given at 1221 (22/11/2017 high) is approaching. Hourly support lies 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).

Daily Technical Report