Commodity Prices

Gold •321 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,061.30	+5.90	+0.56%
WTI Crude •10 mins	62.48	+0.45	+0.73%
Gasoline •12 mins	2.169	+0.016	+0.76%
Ethanol •321 days	2.161	+0.000	+0.00%
Silver •321 days	30.82	+1.16	+3.92%

Silver • 321 days	30.82	+1.16	+3.92%
Copper • 321 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	65.82	+0.44	+0.67%
Natural Gas • 10 mins	3.472	+0.045	+1.31%
Heating Oil • 10 mins	2.145	+0.016	+0.75%

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Daily Technical Report

By - Aug 17, 2011, 6:38 AM CDT

Gold's bearish pattern continues to weigh, amidst extremely overbought conditions (which has exhibited major divergences across our key momentum indicators). We are watching to open a sell trade setup in anticipation of a potential correction over the multi-day/week.