Commodity Prices

Gold •338 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,168.10	+31.60	+2.78%
WTI Crude •4 hours	64.58	+1.21	+1.91%
Gasoline •4 hours	2.077	+0.014	+0.67%
Ethanol •338 days	2.161	+0.000	+0.00%
Silver •338 days	30.82	+1.16	+3.92%

Silver • 338 days	30.82	+1.16	+3.92%
Copper • 338 days	4.530	+0.111	+2.51%
Brent Crude • 3 hours	66.47	+1.13	+1.73%
Natural Gas • 4 hours	3.784	+0.107	+2.91%
Heating Oil • 4 hours	2.125	+0.031	+1.47%

Headlines

722 days Will The ECB Continue To Hike Rates?
723 days Forbes: Aramco Remains Largest Company In The Middle East
724 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,124 days Could Crypto Overtake Traditional Investment?
1,129 days Americans Still Quitting Jobs At Record Pace
1,131 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,134 days Is The Dollar Too Strong?
1,134 days Big Tech Disappoints Investors on Earnings Calls
1,135 days Fear And Celebration On Twitter as Musk Takes The Reins
1,137 days China Is Quietly Trying To Distance Itself From Russia
1,137 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,141 days Crypto Investors Won Big In 2021
1,141 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,142 days Food Prices Are Skyrocketing As Putin’s War Persists
1,144 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,145 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,148 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,149 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,149 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,151 days Are NFTs About To Take Over Gaming?

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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 - Monitoring Downtrend Channel

By - Jul 13, 2016, 6:20 AM CDT

Silver, still in a medium-term bullish phase, is now pushing to exit short-term bearish retracement channel. Demand for the precious metal remains nonetheless strong. Hourly support is located at 19.23 (08/07/2016 low). Resistance is given at 21.13 (04/07/2016 high). Expected to increase again.

In the long-term, the metal is now in an increasing uptrend. Resistance is located at 25.11 (28/08/2013 high). Strong support can be found at 11.75 (20/04/2009).

Daily Technical Report