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Commodity ETF outlook

Posted on 07 January 2014

Gold, silver, oil and natural gas are some of the most heavily traded commodity ETFs. Three of these commodities are at major inflection points which could determine if the downtrend continues, or the ETF forms a base strong enough to push the commodity higher.
Another ETF has already reversed course, and likely has further to rally, but major resistance isn’t far off. Certain price levels and overall price action provide early indicators as to where these ETFs are likely to go next………………………………………..Full Article: Source


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VRS - who has written 38982 posts on Opalesque Commodities Briefing.


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