Chris Vermeulen from The Technical Traders sits down with Jim Goddard on HoweStreet.com to discuss precious metals and crude oil’s latest moves. We’ve seen a pretty strong pullback in the last trading sessions yet may see crude oil continue to go higher. Copper miners have done exceptionally well and are primed and ready to have a pretty big rally.
Overall, we are in a news-driven market which results in high volatility and a lack of liquidity. The combination of these is creating very chaotic times. Though this can be a great opportunity, traders need to be really honed in and focused on the short-term otherwise you may find yourself on the wrong side of a play.
The post Perfect Storm – Commodity, PM & Crude Oil Prices To Go Higher? Video originally appeared at TheTechnicalTraders.com.