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 •421 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 1,356.90 | -4.80 | -0.35% | |
WTI Crude •10 mins | 64.18 | -0.42 | -0.65% | |
Gasoline •8 hours | 2.199 | +0.050 | +2.34% | |
Ethanol •421 days | 2.161 | +0.000 | +0.00% | |
Silver •421 days | 30.82 | +1.16 | +3.92% |
Silver • 421 days | 30.82 | +1.16 | +3.92% | ||
Copper • 421 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 12 mins | 68.17 | -0.45 | -0.66% | ||
Natural Gas • 10 mins | 2.971 | +0.027 | +0.92% | ||
Heating Oil • 9 hours | 2.310 | +0.015 | +0.63% |
More freeports open around the…
An economic slowdown in many…
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