Commodity Prices

Gold •646 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,065.20	-46.90	-2.22%
WTI Crude •3 hours	95.81	-2.06	-2.10%
Gasoline •3 hours	3.016	+0.015	+0.51%
Ethanol •646 days	2.161	+0.000	+0.00%
Silver •646 days	30.82	+1.16	+3.92%

Silver • 646 days	30.82	+1.16	+3.92%
Copper • 646 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	95.20	-0.72	-0.75%
Natural Gas • 3 hours	2.652	-0.018	-0.67%
Heating Oil • 3 hours	3.745	-0.192	-4.87%

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Daily Technical Report

By - Jul 14, 2011, 5:47 AM CDT

Gold: Yesterday's break over 1577.57 now suggests a resumption of the larger rising trend is now in force, negating our prior bearish bias for the near-term. In fact, while the 200-day moving average remains below the price action the trend is likely to be biased to the upside.