Our weekly wandering through the precious metals and commodities CFD’s available with OANDA. Jeffrey analyses each using a combination of technical and fundamental analysis.
In this weeks edition, did the Commitment of Traders Report give a heads up to the sell-off in oil and gold? Will the speculative longs continue to feel the pain?
Platinum continues to be the ugliest horse in the precious metals glue factory……..or is it??
Copper is potentially standing head and shoulders above the rest.
Corn still has Jeffrey rubbing his hands with technical analysis glee. But this week, it is Soybeans that are floating his silo.
Speaking of floating, low water levels on the Mississippi River are causing distribution bottlenecks for some grains, giving farmers a migraine.
Wheat met its upside target but a large winter crop and that huge Russian harvest cap the grains, I mean gains.
Gold 0:00:00, Silver 00:04:10, Platinum 00:05:50, Palladium 00:08:50, Copper 00:10:50, Natural Gas 00:13:45, Brent Oil 00:15:10, WTI Oil 00:18:25, Sugar 00:20:45, Soybeans 00:22:50, Corn 00:24:50, Wheat 00:25:55