Commodity Prices

Gold •233 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	987.70	-9.50	-0.95%
WTI Crude •16 hours	70.40	-2.08	-2.87%
Gasoline •16 hours	2.027	-0.060	-2.87%
Ethanol •233 days	2.161	+0.000	+0.00%
Silver •233 days	30.82	+1.16	+3.92%

Silver • 233 days	30.82	+1.16	+3.92%
Copper • 233 days	4.530	+0.111	+2.51%
Brent Crude • 15 hours	74.43	-2.05	-2.68%
Natural Gas • 16 hours	4.234	+0.082	+1.97%
Heating Oil • 16 hours	2.432	-0.071	-2.84%

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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.