Commodity Prices

Gold •823 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,747.10	+47.10	+2.77%
WTI Crude •11 mins	90.45	-0.66	-0.72%
Gasoline •11 mins	3.276	-0.037	-1.10%
Ethanol •823 days	2.161	+0.000	+0.00%
Silver •823 days	30.82	+1.16	+3.92%

Silver • 823 days	30.82	+1.16	+3.92%
Copper • 823 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	102.26	+0.01	+0.01%
Natural Gas • 11 mins	3.029	-0.006	-0.20%
Heating Oil • 11 mins	4.568	+0.067	+1.48%

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Siver: Remains Within Its Declining Channel

By - Mar 12, 2014, 5:02 AM CDT

Silver continues to evolve within a declining channel. Resistances are given by the declining trendline (around 21.40) and 21.72. An hourly support lies at 20.61 (10/03/2014 low). Another support stands at 19.78.

In the long-term, the trend is negative. However, the potential higher low at 18.84 (31/12/2013 low) and the break of the resistance at 20.52 suggest a phase of stabilisation. A key resistance now stands at 23.09.

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