Source Post

Commodities Update: Technical Analysis: GOLD AND SILVER HIGHER TODAY WITH OIL FLAT

The creator provides a technical analysis of commodities, focusing on the dollar, yields, precious metals, and related ETFs. They observe a weaker dollar and yields today, suggesting potential strength in the stock market and metals. The analysis delves into the technical patterns of the 2-year, 10-year, and 30-year yields, indicating an overall upward trend despite today's dip. Gold is also discussed, with the creator uncertain about its immediate direction but noting consolidation.

Linked Mentions

Tickers discussed in this post

MSTRBullishMedium ConvictionSignal-backedSecondary

MicroStrategy is up 4.3% with money flows coming in, suggesting a positive trend.

MSCINeutralMedium ConvictionSignal-backedSecondary

REMX is in an uptrend and looks very good despite a slight dip.

NODKNeutralLow ConvictionSignal-backedSecondary

URA is experiencing some selling pressure but remains above support.

ATIBullishMedium ConvictionSignal-backedSecondary

XOP is currently at support and shows potential for an upside run.

SUGPBearishMedium ConvictionSignal-backedSecondary

TLT bond prices are showing weakness and could break support with increasing yields.

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