Commodity Prices

Gold •819 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,710.60	-8.30	-0.48%
WTI Crude •11 mins	90.43	+0.01	+0.01%
Gasoline •11 mins	3.281	+0.020	+0.62%
Ethanol •819 days	2.161	+0.000	+0.00%
Silver •819 days	30.82	+1.16	+3.92%

Silver • 819 days	30.82	+1.16	+3.92%
Copper • 819 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	98.19	+0.16	+0.16%
Natural Gas • 12 mins	3.004	-0.022	-0.73%
Heating Oil • 3 hours	4.957	+0.059	+1.20%

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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).

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