Commodity Prices

Gold •475 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,527.90	+8.60	+0.57%
WTI Crude •11 mins	58.31	+1.07	+1.87%
Gasoline •15 mins	1.843	+0.017	+0.95%
Ethanol •475 days	2.161	+0.000	+0.00%
Silver •475 days	30.82	+1.16	+3.92%

Silver • 475 days	30.82	+1.16	+3.92%
Copper • 475 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	62.41	+1.09	+1.78%
Natural Gas • 11 mins	3.452	-0.022	-0.63%
Heating Oil • 14 mins	2.226	+0.020	+0.91%

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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.