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Oil Has A Massive Upside Spike, But Is It Too Much Too Soon?

Published 09/26/2017, 07:48 AM
Updated 07/09/2023, 06:31 AM
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Our weekly walk through of precious metals, energy and soft commodities using a combination of commentary and technical analysis.

In this weeks edition, oil has a massive upside spike, but is it too much too soon?

Gold picks itself up of the canvas and comes out swinging.

Over in the soft commodities, the structural speculative short position in the market continues. Soybeans look poised for a big move while Jeff gets excited about corn!

Gold 0:00:00, Silver 00:04:40, Platinum 00:06:30, Palladium 00:08:25, Copper 00:10:00, Natural Gas 00:12:05, Brent Oil 00:13:15, WTI Oil 00:16:15, Sugar 00:18:10, Soybeans 00:20:40, Corn 00:22:45, Wheat 00:24:15

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

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