Commodity Prices

Gold •10 mins	1,746.90	+18.60	+1.08%
Platinum •10 mins	883.00	+14.90	+1.72%
WTI Crude •11 mins	33.02	-0.69	-2.05%
Gasoline •12 mins	1.002	+0.004	+0.36%
Ethanol •21 mins	1.131	+0.014	+1.25%
Silver •10 mins	18.33	+0.36	+2.02%

Silver • 10 mins	18.33	+0.36	+2.02%
Copper • 10 mins	2.416	+0.002	+0.08%
Brent Crude • 11 mins	34.59	-0.70	-1.98%
Natural Gas • 11 mins	1.840	+0.013	+0.71%
Heating Oil • 17 mins	0.922	-0.004	-0.39%

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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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