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 •791 days | 2,368.70 | +35.30 | +1.51% | |
| Platinum •10 mins | 1,810.20 | +45.60 | +2.58% | |
| WTI Crude •11 mins | 91.72 | +0.71 | +0.78% | |
| Gasoline •11 mins | 3.094 | -0.010 | -0.33% | |
| Ethanol •791 days | 2.161 | +0.000 | +0.00% | |
| Silver •791 days | 30.82 | +1.16 | +3.92% |
| Silver • 791 days | 30.82 | +1.16 | +3.92% | ||
| Copper • 791 days | 4.530 | +0.111 | +2.51% | ||
| Brent Crude • 11 mins | 96.01 | +0.38 | +0.40% | ||
| Natural Gas • 11 mins | 2.974 | +0.018 | +0.61% | ||
| Heating Oil • 11 mins | 4.639 | -0.044 | -0.93% |
This aging bull market may…
Wells Fargo has done it…
An economic slowdown in many…
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