"No warning can save people determined to grow suddently rich" - Lord Overstone
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Gold •10 mins | 1,515.10 | +8.90 | +0.59% |
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Platinum •10 mins | 942.60 | +0.20 | +0.02% |
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WTI Crude •20 hours | 58.09 | -0.10 | -0.17% |
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Gasoline •20 hours | 1.647 | -0.016 | -0.97% |
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Ethanol •20 hours | 1.362 | -0.012 | -0.87% |
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Silver •10 mins | 17.85 | -0.04 | -0.20% |
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Silver • 10 mins | 17.85 | -0.04 | -0.20% | |
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Copper • 10 mins | 2.607 | -0.002 | -0.08% | |
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Brent Crude • 19 hours | 63.20 | -0.13 | -0.21% | |
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Natural Gas • 20 hours | 2.555 | -0.014 | -0.54% | |
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Heating Oil • 20 hours | 1.982 | -0.017 | -0.87% |
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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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