Commodity Prices

Gold •505 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,511.90	-5.30	-0.35%
WTI Crude •11 mins	58.42	-0.58	-0.98%
Gasoline •11 mins	1.909	-0.009	-0.48%
Ethanol •505 days	2.161	+0.000	+0.00%
Silver •505 days	30.82	+1.16	+3.92%

Silver • 505 days	30.82	+1.16	+3.92%
Copper • 505 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	62.91	-0.47	-0.74%
Natural Gas • 11 mins	4.524	+0.050	+1.12%
Heating Oil • 11 mins	2.481	-0.053	-2.08%

Headlines

890 days Will The ECB Continue To Hike Rates?
890 days Forbes: Aramco Remains Largest Company In The Middle East
892 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,292 days Could Crypto Overtake Traditional Investment?
1,297 days Americans Still Quitting Jobs At Record Pace
1,299 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,302 days Is The Dollar Too Strong?
1,302 days Big Tech Disappoints Investors on Earnings Calls
1,303 days Fear And Celebration On Twitter as Musk Takes The Reins
1,305 days China Is Quietly Trying To Distance Itself From Russia
1,305 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,309 days Crypto Investors Won Big In 2021
1,309 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,310 days Food Prices Are Skyrocketing As Putin’s War Persists
1,312 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,313 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,316 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,317 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,317 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,319 days Are NFTs About To Take Over Gaming?

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

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…

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

Daily Technical Report

By - May 18, 2011, 5:59 AM CDT

Silver appears to have entered a consolidation phase after finding support at 32.3125 last week. Given the structure of the fall from 49.790 we anticipate further deterioration of the parabolic upside move which gained 90% this year.