Commodity Prices

Gold •372 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,431.30	+18.80	+1.33%
WTI Crude •10 mins	66.60	+0.03	+0.05%
Gasoline •10 mins	2.139	-0.014	-0.64%
Ethanol •372 days	2.161	+0.000	+0.00%
Silver •372 days	30.82	+1.16	+3.92%

Silver • 372 days	30.82	+1.16	+3.92%
Copper • 372 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	68.65	+0.01	+0.01%
Natural Gas • 10 mins	3.340	+0.003	+0.09%
Heating Oil • 12 mins	2.384	+0.001	+0.03%

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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.