The Gold chart is still not at a point where I feel comfortable committing money to for any long positions. The daily chart has leveled some but the weekly still has a ways to go before before there is much upward pressure with the price. Still downward pressure.
Silver is similar with downward pressure.
Natural Gas has upward pressure but could dip some before resuming higher. That has been the pattern to this point.
Oil is still embedded in a bullish position but also at a overbought position. The odds are higher for a drop than much of a rise in my opinion. As always this is just my personal opinion and other may disagree. Always do your DD for your own personal responsibility. This is a study blog so take it for what it`s worth. Opinions are not recomendation`s, only for study !
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