Commodity Prices

Gold •15 mins	1,608.70	+17.30	+1.09%
Platinum •15 mins	720.10	+2.30	+0.32%
WTI Crude •11 mins	21.19	+0.88	+4.33%
Gasoline •26 mins	0.577	+0.031	+5.65%
Ethanol •24 mins	0.850	+0.014	+1.67%
Silver •15 mins	14.13	+0.15	+1.04%

Silver • 15 mins	14.13	+0.15	+1.04%
Copper • 15 mins	2.171	-0.004	-0.18%
Brent Crude • 2 hours	24.74	-1.61	-6.11%
Natural Gas • 11 mins	1.591	+0.004	+0.25%
Heating Oil • 14 mins	0.944	+0.012	+1.27%

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Gold - Short-Term Bullish Momentum Is Ending

By - Jan 19, 2017, 6:12 AM CST

Gold recovery is fading on. Hourly resistance is given at 1221 (22/11/2017 high). 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).

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