MicroStrategy is down and weaker than Bitcoin and Ethereum, trading right on its support zone.
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Commodities Update: Technical Analysis: GOLD AND SILVER LOWER, BUT BOUNCING
Finding Value FinanceApr 15, 2026
The creator provides a technical analysis of various commodities, currencies, and equity-linked ETFs. While many commodities like gold, silver, and oil are showing signs of potential bottoms with buying pressure, the creator remains cautious, awaiting follow-through. Energy-related ETFs like XOP and OIH, along with coal and iron ore, are highlighted as particularly bullish. Mining ETFs (GDX, GDXJ, SILJ) are experiencing pullbacks but are in a favorable area long-term. Other sectors like construction (XHB) and industrials (XLI) are showing weakness or are in downtrends.
Linked Mentions
Tickers discussed in this post
XLI is down slightly and still in a downtrend, looking a bit ugly in the short term.
The Dow Jones Transportation index is up and showing a reversal candlestick, suggesting a potential upward move.
The Nasdaq is trying to move lower but is currently holding on.
The SPX is down slightly and exhibiting a downtrending style.
Carrier appears to be trying to bottom, showing a bullish piercing or engulfing candlestick, but confirmation is needed.
Wheat is up slightly and possesses very bullish long-term charts, expected to move in conjunction with energy and interest rates.
URA is still within its pattern and looks good, despite a recent pullback.
Sprott Physical Uranium Trust is showing a potential bottom with a good wick, but follow-through is needed to confirm.
US natural gas is showing positive momentum and is nearing resistance, with potential for a strong upward move if it breaks through.
Silver is exhibiting a similar pattern to gold, with a bounce and wicks at the bottom, indicating potential for a bottoming process.
Linked Signals
Tracked calls opened from this post
NGS
buy opened Apr 15, 2026
+5.74%