Are we going to witness a commodities mini bear? I would contend that gold is not oversold like it was in May of 04 and May of 05. Looks more like December of 04. We might be in for a drop through April/May. Check out the weekly.
I am looking for the $osx to hit 185 or 178 or both as a bounce level swing trade. Oil should be around $56-57 a barrel at 178 on the $osx.
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