bryanz

Would Someone Tell Gold Traders It's A Holiday Week?

Resistance at/near the 50 day around 670, which also looks to be where the downtrend line converges?

Aside From Oil, Most Commodities At Bottom of Trading Ranges

It's interesting that most of the trading bands (save coffee and OJ) are narrower than normal yet, like the article points out nearly all commodities are pushing against or have dropped through the bottom of their respective trading bands. I assume this suggests increased volatility after a period of relative stability, or maybe rather predictability?