Daily Spot… Gold’s bottoming attempt hits the bricks.

A daily summary of high-profile members of several complexes… View a more detailed discussion of each chart at the end of today”s Market Wrap.

Eurodollar Sep Contract (EC, ETF: (FXE, UUP))
No unfinished business below is outstanding, so closing back above 1.0910 after Monday”s ongoing test of 1.0855 support would signal at least a corrective rally underway.

Gold Aug Contract (GC, ETF: (GLD))
Sunday night”s “flash crash” down to 1080.00 allowed room for a corrective bounce up to 1118.00-1122.00 before retesting the spike”s low down to 1076.50. Closing above the bounce limit”s upper-end woul suggest a bigger bounce underway. Meanwhile, touching the bounce limit”s lower-end already reacted down to attack 1100.00, which is probably obligatory support. Just closing under 1103.00 would signal the low”s retest underway.

Silver Sep Contract (SI, ETF: (SLV))
Participating with Gold”s “flash crash” more in spirit than in substance was obvious by Monday”s reversal from testing 14.50 overnight, back into positive territory attacking 15.00. But that doesn”t prevent probing lower lows anyway, or at least remaining under pressure. The next lower support to be tested is now 14.40-14.45.

30-year Treasury Sep Contract (US, ETF: (TLT))
Sunday night”s initial probe up to 152-16 was reversed to the 151-14 pullback limit. It resolved up Monday to hover pessimistically short of Friday”s 152-07 close, seemingly waiting to resume the rally.

Crude Oil Aug Contract (CL, ETF: (USO, USL) (UWTI-long, DWTI-short))
Despite holding Friday”s test of the prior week”s lows, Sunday night did not recover, and Monday extended down under $50 toward its 48.00 target.

Natural Gas Aug Contract (NG, ETF: (UNG, UNL))
Gapping open Monday under the 2.83 pullback limit only attacked its room down to 2.77 before recovering back to Friday”s 2.87 close. Its reaction down was still testing the 2.83 pullback limit as support.