Commodity Prices

Gold •288 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	977.00	-3.10	-0.32%
WTI Crude •4 hours	64.68	+2.21	+3.54%
Gasoline •4 hours	2.099	+0.055	+2.71%
Ethanol •288 days	2.161	+0.000	+0.00%
Silver •288 days	30.82	+1.16	+3.92%

Silver • 288 days	30.82	+1.16	+3.92%
Copper • 288 days	4.530	+0.111	+2.51%
Brent Crude • 3 hours	67.96	+2.11	+3.20%
Natural Gas • 4 hours	3.245	-0.002	-0.06%
Heating Oil • 4 hours	2.152	+0.037	+1.74%

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Silver - Pushing Higher

By - Oct 09, 2015, 5:06 AM CDT

Silver is entering a bullish momentum. Hourly resistance at 15.66 (21/08/2015 low) has been broken. Hourly support is given at 13.98 (24/07/2015 low). Expected growing upside momentum. The pair will likely settle above the 200 DMA.

In the long-term, the break of the major support area between 18.64 (30/05/2014 low) and 18.22 (28/06/2013 low) confirms an underlying downtrend. The strong support at 14.66 (05/02/2010 low) has been broken and prices have then consolidated. A key resistance stands at 18.89 (16/09/2014 high).

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