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.
Gold •349 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 1,258.30 | -3.40 | -0.27% | |
WTI Crude •11 mins | 75.40 | +0.56 | +0.75% | |
Gasoline •22 mins | 2.287 | +0.015 | +0.66% | |
Ethanol •349 days | 2.161 | +0.000 | +0.00% | |
Silver •349 days | 30.82 | +1.16 | +3.92% |
Silver • 349 days | 30.82 | +1.16 | +3.92% | ||
Copper • 349 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 2 hours | 76.45 | +3.22 | +4.40% | ||
Natural Gas • 10 mins | 3.879 | +0.028 | +0.73% | ||
Heating Oil • 13 mins | 2.525 | +0.019 | +0.77% |
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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.