Commodity Prices

Gold •817 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,706.80	-37.90	-2.17%
WTI Crude •10 mins	93.33	+0.73	+0.79%
Gasoline •16 mins	3.320	-0.018	-0.53%
Ethanol •817 days	2.161	+0.000	+0.00%
Silver •817 days	30.82	+1.16	+3.92%

Silver • 817 days	30.82	+1.16	+3.92%
Copper • 817 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	106.30	+1.02	+0.97%
Natural Gas • 10 mins	3.113	+0.007	+0.23%
Heating Oil • 19 mins	4.765	+0.010	+0.20%

Headlines

1,202 days Will The ECB Continue To Hike Rates?
1,202 days Forbes: Aramco Remains Largest Company In The Middle East
1,204 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,604 days Could Crypto Overtake Traditional Investment?
1,608 days Americans Still Quitting Jobs At Record Pace
1,610 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,613 days Is The Dollar Too Strong?
1,614 days Big Tech Disappoints Investors on Earnings Calls
1,615 days Fear And Celebration On Twitter as Musk Takes The Reins
1,616 days China Is Quietly Trying To Distance Itself From Russia
1,617 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,621 days Crypto Investors Won Big In 2021
1,621 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,622 days Food Prices Are Skyrocketing As Putin’s War Persists
1,624 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,624 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,628 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,628 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,629 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,631 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

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).

Daily Technical Report