Commodity Prices

Gold •643 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,053.50	+105.60	+5.42%
WTI Crude •11 mins	95.99	-16.96	-15.02%
Gasoline •11 mins	2.999	-0.306	-9.26%
Ethanol •643 days	2.161	+0.000	+0.00%
Silver •643 days	30.82	+1.16	+3.92%

Silver • 643 days	30.82	+1.16	+3.92%
Copper • 643 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	95.38	-13.89	-12.71%
Natural Gas • 11 mins	2.749	-0.121	-4.22%
Heating Oil • 11 mins	3.859	-0.618	-13.81%

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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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