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 •401 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 1,338.10 | -16.10 | -1.19% | |
WTI Crude •10 mins | 63.99 | +0.11 | +0.17% | |
Gasoline •10 mins | 2.091 | +0.014 | +0.66% | |
Ethanol •401 days | 2.161 | +0.000 | +0.00% | |
Silver •401 days | 30.82 | +1.16 | +3.92% |
Silver • 401 days | 30.82 | +1.16 | +3.92% | ||
Copper • 401 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 66.66 | +0.23 | +0.35% | ||
Natural Gas • 10 mins | 2.971 | -0.096 | -3.13% | ||
Heating Oil • 10 mins | 2.283 | +0.016 | +0.69% |
An economic slowdown in many…
Wells Fargo has done it…
During the quarter there were…
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