Commodity Prices

Gold •637 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,890.40	-99.30	-4.99%
WTI Crude •11 mins	106.57	+6.45	+6.44%
Gasoline •12 mins	3.282	+0.191	+6.17%
Ethanol •637 days	2.161	+0.000	+0.00%
Silver •637 days	30.82	+1.16	+3.92%

Silver • 637 days	30.82	+1.16	+3.92%
Copper • 637 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	107.86	+6.70	+6.62%
Natural Gas • 11 mins	2.858	+0.039	+1.38%
Heating Oil • 11 mins	4.373	+0.316	+7.79%

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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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