While the cycles for base metals and oil have turned lower, there is still substantial demand that's supporting the prices of many agricultural goods. (bankofcanada.ca)
A support level is a price level which supports a price on its way down and a resistance level is a price level which will resist price on its way up. (cryptoderivativetrading.com)
Recent reports also suggest gold production is slowing, which could help support prices long - term. (usfunds.com)