Many com­modi­ties have had nice runs recently, and below we pro­vide our updated trad­ing range charts for ten of them. In each chart, the green shad­ing rep­re­sents between two stan­dard devi­a­tions above and below the commodity's 50-day mov­ing aver­age. Moves to the top of or above the green zone are con­sid­ered over­bought, while moves to the bot­tom or below the green zone are con­sid­ered oversold.

As shown, the met­als have made the biggest move recently, and all four of the met­als high­lighted below are cur­rently at or well into over­bought ter­ri­tory. Oil is just about in the mid­dle of its trad­ing range, which has been tight­en­ing a lot recently due to the side­ways trad­ing pat­tern it has been in since last November.

After bounc­ing slightly a cou­ple of weeks ago, nat­ural gas has resumed its downtrend.

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