Commodity Prices

Gold •393 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,296.10	-78.80	-5.73%
WTI Crude •10 mins	69.15	-0.85	-1.21%
Gasoline •1 hour	2.229	-0.041	-1.79%
Ethanol •393 days	2.161	+0.000	+0.00%
Silver •393 days	30.82	+1.16	+3.92%

Silver • 393 days	30.82	+1.16	+3.92%
Copper • 393 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	72.53	-0.71	-0.97%
Natural Gas • 10 mins	3.095	+0.050	+1.64%
Heating Oil • 1 hour	2.400	-0.019	-0.78%

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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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