Commodity Prices

Gold •10 mins	1,645.50	+3.00	+0.18%
Platinum •10 mins	901.00	-4.50	-0.50%
WTI Crude •11 mins	46.55	-0.54	-1.15%
Gasoline •10 mins	1.490	-0.030	-2.00%
Ethanol •2 hours	1.271	-0.029	-2.23%
Silver •10 mins	17.79	+0.06	+0.31%

Silver • 10 mins	17.79	+0.06	+0.31%
Copper • 10 mins	2.569	-0.003	-0.12%
Brent Crude • 2 hours	51.73	-1.08	-2.05%
Natural Gas • 10 mins	1.745	-0.007	-0.40%
Heating Oil • 10 mins	1.471	-0.016	-1.08%

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Silver - Buying Pressures Remain Lively

By - May 11, 2016, 5:51 AM CDT

Silver's volatility is still significant. The metal is above the 17.00 mark. Daily resistance is given at 18.00 (02/05/2015 high) while hourly support can be found at 16.74 (21/04/2016 low). Expected to see further increase.

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. Strong support can be found at 11.75 (20/04/2009). A key resistance stands at 18.89 (16/09/2014 high).

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