Commodity Prices

Gold •486 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,575.40	-38.90	-2.41%
WTI Crude •23 hours	60.98	+0.41	+0.68%
Gasoline •23 hours	1.901	+0.008	+0.43%
Ethanol •486 days	2.161	+0.000	+0.00%
Silver •486 days	30.82	+1.16	+3.92%

Silver • 486 days	30.82	+1.16	+3.92%
Copper • 486 days	4.530	+0.111	+2.51%
Brent Crude • 22 hours	64.77	+0.40	+0.62%
Natural Gas • 23 hours	4.124	+0.168	+4.25%
Heating Oil • 23 hours	2.399	-0.011	-0.44%

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Gold - Wide-Open For Further Decline

By - May 03, 2017, 6:46 AM CDT

Gold continues its decline after the yellow metal has faded near the hourly resistance at 1295 (18/04/2017 high). Hourly support located at 1260 (26/04/2017 low) has been broken. The road is wide-open 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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