Commodity Prices

Gold •369 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,385.10	+11.80	+0.86%
WTI Crude •10 mins	67.41	-0.52	-0.77%
Gasoline •10 mins	2.145	-0.007	-0.32%
Ethanol •369 days	2.161	+0.000	+0.00%
Silver •369 days	30.82	+1.16	+3.92%

Silver • 369 days	30.82	+1.16	+3.92%
Copper • 369 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	69.17	-0.41	-0.59%
Natural Gas • 10 mins	3.384	-0.028	-0.82%
Heating Oil • 10 mins	2.396	-0.025	-1.04%

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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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