Commodity Prices

Gold •404 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,347.90	+4.40	+0.33%
WTI Crude •10 mins	63.98	+0.02	+0.03%
Gasoline •40 mins	2.081	+0.004	+0.19%
Ethanol •404 days	2.161	+0.000	+0.00%
Silver •404 days	30.82	+1.16	+3.92%

Silver • 404 days	30.82	+1.16	+3.92%
Copper • 404 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.69	+0.06	+0.09%
Natural Gas • 10 mins	2.975	+0.021	+0.71%
Heating Oil • 10 mins	2.287	-0.004	-0.17%

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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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