Commodity Prices

Gold •379 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,488.00	+53.00	+3.69%
WTI Crude •10 mins	67.62	+1.24	+1.87%
Gasoline •10 mins	2.171	+0.027	+1.25%
Ethanol •379 days	2.161	+0.000	+0.00%
Silver •379 days	30.82	+1.16	+3.92%

Silver • 379 days	30.82	+1.16	+3.92%
Copper • 379 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	69.57	+1.05	+1.53%
Natural Gas • 10 mins	3.548	-0.003	-0.08%
Heating Oil • 10 mins	2.467	+0.076	+3.17%

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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.