Commodity Prices

Gold •625 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,970.50	+26.80	+1.38%
WTI Crude •18 hours	98.23	+2.68	+2.80%
Gasoline •18 hours	3.286	+0.159	+5.09%
Ethanol •625 days	2.161	+0.000	+0.00%
Silver •625 days	30.82	+1.16	+3.92%

Silver • 625 days	30.82	+1.16	+3.92%
Copper • 625 days	4.530	+0.111	+2.51%
Brent Crude • 17 hours	112.19	+3.54	+3.26%
Natural Gas • 18 hours	3.095	-0.071	-2.24%
Heating Oil • 18 hours	4.608	+0.266	+6.14%

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Daily Technical Report

By - Jul 15, 2011, 6:03 AM CDT

Gold: This week'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.