Commodities in general and oil and gold specifically have rallied very strongly of late. They are now overextended and appear susceptible to corrective action over at least the short term time frame.
Gold and Oil Correction Coming
"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •530 days | 2,368.70 | +35.30 | +1.51% |
|
Platinum •15 mins | 1,879.80 | +63.90 | +3.52% |
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WTI Crude •11 mins | 55.16 | -1.66 | -2.92% |
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Gasoline •11 mins | 1.680 | -0.052 | -3.01% |
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Ethanol •530 days | 2.161 | +0.000 | +0.00% |
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Silver •530 days | 30.82 | +1.16 | +3.92% |
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Silver • 530 days | 30.82 | +1.16 | +3.92% | |
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Copper • 530 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 58.88 | -1.68 | -2.77% | |
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Natural Gas • 11 mins | 3.866 | -0.146 | -3.64% | |
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Heating Oil • 11 mins | 2.127 | -0.054 | -2.45% |
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