Commodity Prices

Gold •301 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	969.40	-16.10	-1.63%
WTI Crude •40 mins	58.21	-2.21	-3.66%
Gasoline •3 hours	2.037	-0.034	-1.65%
Ethanol •301 days	2.161	+0.000	+0.00%
Silver •301 days	30.82	+1.16	+3.92%

Silver • 301 days	30.82	+1.16	+3.92%
Copper • 301 days	4.530	+0.111	+2.51%
Brent Crude • 3 hours	63.12	-1.13	-1.76%
Natural Gas • 40 mins	3.326	-0.060	-1.77%
Heating Oil • 3 hours	2.037	-0.084	-3.95%

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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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