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
| 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% |
More freeports open around the…
The Economic Community of West…
Wells Fargo has done it…
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