Metals

Gold running into short-term resistance levels This watch list focuses on markets that are close to support or resistance levels. These markets are likely to reverse course over the short-term and present possible trading opportunities. Gold, as an example, is modestly overbought and running into various levels of resistance. When a market shows up on this list [...]

The trend is your friend ... but sometimes it can go a little too far. One of the strongest bear markets we are tracking is Copper (HG). Our Trend Level indicator has a reading of -20.2, which is extremely bearish (see Chart 1 below).  Fact is, Copper has been in a bear market since 2011. [...]