Commodity Prices

Gold •471 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,636.80	-118.30	-6.74%
WTI Crude •11 mins	57.55	+0.09	+0.16%
Gasoline •11 mins	1.836	+0.024	+1.34%
Ethanol •471 days	2.161	+0.000	+0.00%
Silver •471 days	30.82	+1.16	+3.92%

Silver • 471 days	30.82	+1.16	+3.92%
Copper • 471 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	61.29	+0.23	+0.38%
Natural Gas • 11 mins	3.006	+0.068	+2.31%
Heating Oil • 11 mins	2.181	+0.028	+1.30%

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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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