Commodity Prices

Gold •624 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,966.40	-90.20	-4.39%
WTI Crude •11 mins	94.51	-0.95	-1.00%
Gasoline •11 mins	3.107	+0.008	+0.27%
Ethanol •624 days	2.161	+0.000	+0.00%
Silver •624 days	30.82	+1.16	+3.92%

Silver • 624 days	30.82	+1.16	+3.92%
Copper • 624 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	107.64	+0.26	+0.24%
Natural Gas • 11 mins	3.144	+0.079	+2.58%
Heating Oil • 13 mins	4.310	+0.112	+2.68%

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Silver – Strong Bounce

By - Jul 28, 2016, 6:08 AM CDT

Silver has broken the key resistance at 19.73 and 19.90 (declining trendline), confirming a persistent buying interest. Hourly support is located at 20.20 (intraday low) while resistance is given at 21.13 (04/07/2016 high). Reloading bullish position around 19 seems interesting.

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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