Commodity Prices

Gold •315 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	982.70	+1.50	+0.15%
WTI Crude •10 mins	62.08	-1.07	-1.69%
Gasoline •12 mins	2.135	-0.035	-1.63%
Ethanol •315 days	2.161	+0.000	+0.00%
Silver •315 days	30.82	+1.16	+3.92%

Silver • 315 days	30.82	+1.16	+3.92%
Copper • 315 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	65.06	-1.03	-1.56%
Natural Gas • 11 mins	3.466	-0.026	-0.74%
Heating Oil • 12 mins	2.173	-0.034	-1.52%

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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).

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