Commodity Prices

Gold •695 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,929.50	+2.20	+0.11%
WTI Crude •5 hours	87.36	-1.54	-1.73%
Gasoline •5 hours	3.034	-0.067	-2.14%
Ethanol •695 days	2.161	+0.000	+0.00%
Silver •695 days	30.82	+1.16	+3.92%

Silver • 695 days	30.82	+1.16	+3.92%
Copper • 695 days	4.530	+0.111	+2.51%
Brent Crude • 4 hours	91.12	-1.58	-1.70%
Natural Gas • 5 hours	3.290	+0.005	+0.15%
Heating Oil • 7 hours	3.533	-0.086	-2.37%

Headlines

1,079 days Will The ECB Continue To Hike Rates?
1,080 days Forbes: Aramco Remains Largest Company In The Middle East
1,081 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,481 days Could Crypto Overtake Traditional Investment?
1,486 days Americans Still Quitting Jobs At Record Pace
1,488 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,491 days Is The Dollar Too Strong?
1,491 days Big Tech Disappoints Investors on Earnings Calls
1,492 days Fear And Celebration On Twitter as Musk Takes The Reins
1,494 days China Is Quietly Trying To Distance Itself From Russia
1,494 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,498 days Crypto Investors Won Big In 2021
1,498 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,499 days Food Prices Are Skyrocketing As Putin’s War Persists
1,501 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,502 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,505 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,506 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,506 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,508 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

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…

More Info

Contact Author

Silver - Pausing Below 17.39

By - Jun 13, 2016, 5:52 AM CDT

Silver's upside pressures are definitely back on. Hourly support can now be found at 15.82 (01/06/2016 low). Hourly support is given at 17.39 (16/05/2016 high). Stronger daily resistance is given at 18.01 (02/05/2015 high). Expected to show a continued bullish momentum.

In the long-term, the metal has broken a declining downtrend and has started to increase again. A break of resistance at 18.48 (21/05/2015 high) is needed to confirm this view. Strong support can be found at 11.75 (20/04/2009).

Daily Technical Report