Using a Basket of Commodities to Consider Price Action in Metals
Updated
A random basket of commodities suggests a coming roll over for Gold.
Note
Notable Weekly Declines: Brent -2.88%
Gasoline -2.51%
heating oil -2.36%
crude -2.29%
nat gas -2.06%
naphtha -.68%
platinum -4.78%
soybeans -3.92%
wheat -4.95%
lumber -6.86%
cheese -.16%
palm oil -5.92%
rice -1.09%
oat -3.26%
canola -4.52%
beef -1.95%
poultry -1.39%
copper -3.60%
steel -11.78%
iron ore -9.43%
cobalt - 2.21%
aluminum -2.77%
nickel -4.34%
palladium -3.78%
rhodium -2.29%
neodymium -6.11%
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