Commodity Prices

Gold •458 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,642.10	+56.10	+3.54%
WTI Crude •1 day	60.88	+0.40	+0.66%
Gasoline •1 day	1.861	+0.010	+0.51%
Ethanol •458 days	2.161	+0.000	+0.00%
Silver •458 days	30.82	+1.16	+3.92%

Silver • 458 days	30.82	+1.16	+3.92%
Copper • 458 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	64.53	+0.42	+0.66%
Natural Gas • 1 day	3.324	-0.118	-3.43%
Heating Oil • 1 day	2.236	-0.007	-0.32%

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MIG Bank

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 - 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.