Commodity Prices

Gold •479 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,601.60	+4.90	+0.31%
WTI Crude •1 day	61.50	-0.29	-0.47%
Gasoline •1 day	1.923	-0.004	-0.22%
Ethanol •479 days	2.161	+0.000	+0.00%
Silver •479 days	30.82	+1.16	+3.92%

Silver • 479 days	30.82	+1.16	+3.92%
Copper • 479 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	65.94	-0.05	-0.08%
Natural Gas • 1 day	3.304	-0.040	-1.20%
Heating Oil • 1 day	2.403	+0.000	+0.00%

Headlines

863 days Will The ECB Continue To Hike Rates?
864 days Forbes: Aramco Remains Largest Company In The Middle East
865 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,265 days Could Crypto Overtake Traditional Investment?
1,270 days Americans Still Quitting Jobs At Record Pace
1,272 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,275 days Is The Dollar Too Strong?
1,275 days Big Tech Disappoints Investors on Earnings Calls
1,276 days Fear And Celebration On Twitter as Musk Takes The Reins
1,278 days China Is Quietly Trying To Distance Itself From Russia
1,278 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,282 days Crypto Investors Won Big In 2021
1,282 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,283 days Food Prices Are Skyrocketing As Putin’s War Persists
1,285 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,286 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,289 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,290 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,290 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,292 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Is The Bull Market On Its Last Legs?

This aging bull market may…

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 - 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).

Daily Technical Report