Charts, Commodities

This 4 hour chart of the continuous Gold future shows what I was looking at for today's short.

The daily chart of the continuous Silver future shows that price is getting close to the 61.8% retracement level from the recent downswing, a breach of which should send price towards the upper line of this large red pitchfork.

The daily chart from the continuous Gold future shows that price is still rallying after a false break below the green channel, but something tells me that price won't stay up here much longer.

The daily chart of the continuous CL Crude Oil future shows that price is still testing the median line of the green pitchfork shown a few days ago. Unless we see a clear break above that line, I'm looking for shorts.

The 4 hour chart of the continuous CL Crude Oil future shows that price broke above the blue pitchfork I was using to track price, and now seems to be contained in the lower part of this new green one.

The weekly chart from the April Gold future shows that price seems to be stuck in this red channel, above the gray upsloping trend line.

This daily chart of the continuous CL Crude Oil future that price bounced nicely from the upper line of the blue pitchfork. You can't say I didn't warn you a couple of days ago!

This intraday snapshot of the March CL Crude Oil future shows price is getting close to the upper line of the blue pitchfork, where we should see a large bounce.

The daily chart of the March Silver future shows that price is backtesting the lower line of the large (previously broken) flag. As long as price is below, rallies should be sold.

The daily chart of the GC Gold future shows that price price is back within the green channel, but is finding resistance from the yellow trend line.