Commodity Prices

Gold •413 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,338.80	-2.80	-0.21%
WTI Crude •10 mins	63.09	+0.38	+0.61%
Gasoline •26 mins	2.133	+0.005	+0.23%
Ethanol •413 days	2.161	+0.000	+0.00%
Silver •413 days	30.82	+1.16	+3.92%

Silver • 413 days	30.82	+1.16	+3.92%
Copper • 413 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	67.18	+0.34	+0.51%
Natural Gas • 10 mins	2.748	-0.004	-0.15%
Heating Oil • 19 mins	2.277	-0.003	-0.12%

Headlines

798 days Will The ECB Continue To Hike Rates?
798 days Forbes: Aramco Remains Largest Company In The Middle East
800 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,200 days Could Crypto Overtake Traditional Investment?
1,204 days Americans Still Quitting Jobs At Record Pace
1,206 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,209 days Is The Dollar Too Strong?
1,210 days Big Tech Disappoints Investors on Earnings Calls
1,211 days Fear And Celebration On Twitter as Musk Takes The Reins
1,212 days China Is Quietly Trying To Distance Itself From Russia
1,213 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,217 days Crypto Investors Won Big In 2021
1,217 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,218 days Food Prices Are Skyrocketing As Putin’s War Persists
1,220 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,220 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,224 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,224 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,224 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,227 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

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 - Bearish Breakout

By - Aug 08, 2016, 6:12 AM CDT

Silver has exited uptrend channel, confirming that selling pressures are growing. Hourly support located at 20.00 (29/07/2016 low) has been broken while resistance is given at 21.13 (04/07/2016 high). Expected to further consolidate.

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