Commodity Prices

Gold •15 mins	1,306.50	+5.00	+0.38%
Platinum •15 mins	840.40	+6.40	+0.77%
Bitcoin •1 min	3,965.01	-19.91	-0.50%
WTI Crude •11 mins	59.50	+0.12	+0.20%
Gasoline •10 mins	1.871	+0.004	+0.23%
Silver •15 mins	15.39	+0.07	+0.44%

Silver • 15 mins	15.39	+0.07	+0.44%
Copper • 15 mins	2.939	+0.030	+1.03%
Ethereum • 1 min	137.89	-0.22	-0.16%
Brent Crude • 11 mins	67.72	+0.18	+0.27%
Natural Gas • 10 mins	2.871	+0.015	+0.53%

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Gold - Short-Term Bearish In A Bullish Medium-Term Trend

By - Apr 26, 2017, 6:49 AM CDT

Gold keeps on weakening since the yellow metal has faded near the hourly resistance at 1295 (18/04/2017 high). Support can be located at 1261 (intraday low). The road is wideopen for further decline.

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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