Commodity Prices

Gold •323 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,096.00	+15.30	+1.42%
WTI Crude •10 mins	60.77	-0.43	-0.70%
Gasoline •19 mins	2.120	-0.011	-0.53%
Ethanol •323 days	2.161	+0.000	+0.00%
Silver •323 days	30.82	+1.16	+3.92%

Silver • 323 days	30.82	+1.16	+3.92%
Copper • 323 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	64.01	-0.43	-0.67%
Natural Gas • 11 mins	3.277	+0.024	+0.74%
Heating Oil • 19 mins	2.107	-0.010	-0.49%

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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…

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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.