Gold: Only 6 days into the month and gold has made a move that is equivalent to last month's gain. Therefore, I don't think gold will make more gains unless an euphoria grips the common people.
Crude Oil: It seems that sellers are very aggressive at USD80. However, since weekly RSI has not moved into the overbought zone, I am expecting more gain.
The summary for the rest are:
Commodity | Monthly | Weekly | Daily |
Gold | Up | Up | Up (+) |
Crude Oil | Up | Up | Neutral |
Crude Palm Oil | Down | Neutral | Up |
Rough Rice | Up | Up | Up |
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