Reviewing the Week in Commodities

Phil Streible reviews the week in commodity markets. He thinks the drop in markets is “profit-taking” rather than the beginning of a bear trend. He thinks 2900 is a “psychological” level of support in gold and dropping below it could take the metal back to a neutral trend. He also looks at crude, which is around the $70 level.

Market On Close

21 Feb 2025

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