Commodity Prices

Gold •753 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,644.40	+40.30	+2.51%
WTI Crude •10 mins	83.24	-6.07	-6.80%
Gasoline •11 mins	3.278	-0.118	-3.47%
Ethanol •753 days	2.161	+0.000	+0.00%
Silver •753 days	30.82	+1.16	+3.92%

Silver • 753 days	30.82	+1.16	+3.92%
Copper • 753 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	89.37	-7.41	-7.66%
Natural Gas • 11 mins	2.759	-0.112	-3.90%
Heating Oil • 12 mins	4.121	-0.060	-1.43%

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Silver - Ready To Bounce Back

By - Aug 04, 2016, 6:57 AM CDT

Silver is trading within uptrend channel, confirming a persistent buying interest. Yet, the pair is monitoring the lower bound of this channel. Hourly support is located at 20.00 (29/07/2016 low) while resistance is given at 21.13 (04/07/2016 high). Expected to monitor resistance at 21.13 in the short-term.

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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