Commodity Prices

Gold •20 mins	2,351.30	+8.80	+0.38%
Platinum •20 mins	934.00	+13.50	+1.47%
WTI Crude •11 mins	83.95	+0.38	+0.45%
Gasoline •14 mins	2.773	+0.014	+0.52%
Ethanol •9 hours	2.161	+0.000	+0.00%
Silver •20 mins	27.92	+0.28	+1.02%

Silver • 20 mins	27.92	+0.28	+1.02%
Copper • 20 mins	4.598	+0.060	+1.31%
Brent Crude • 11 mins	89.42	+0.41	+0.46%
Natural Gas • 33 mins	1.595	-0.043	-2.63%
Heating Oil • 24 mins	2.569	+0.019	+0.74%

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Daily Technical Report

By - Jul 15, 2011, 6:03 AM CDT

Gold: This week's break over 1577.57 now suggests a resumption of the larger rising trend is now in force, negating our prior bearish bias for the near-term. In fact, while the 200-day moving average remains below the price action the trend is likely to be biased to the upside.