Commodity Prices

Gold •10 mins	1,506.00	-5.50	-0.36%
Platinum •10 mins	940.20	+1.00	+0.11%
WTI Crude •1 hour	62.90	+8.05	+14.68%
Gasoline •1 hour	1.730	+0.195	+12.68%
Ethanol •1 hour	1.398	+0.042	+3.10%
Silver •10 mins	17.94	-0.09	-0.48%

Silver • 10 mins	17.94	-0.09	-0.48%
Copper • 10 mins	2.644	+0.003	+0.11%
Brent Crude • 11 mins	69.02	+8.80	+14.61%
Natural Gas • 10 mins	2.686	+0.005	+0.19%
Heating Oil • 10 mins	2.068	-0.015	-0.74%

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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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