by Tiho Brkan, The Short Side of Long
Second chart of the day focuses on commodity prices. Those that have been reading Charts Of The Day in recent days would have noticed Gold's underperformance relative to other major asset classes. This is also true for all other commodities as well. Whether we are looking at Crude Oil, Wheat, Sugar or Silver - all of these raw materials remain in a downtrend for now. Commodities are struggling for many reasons, but mainly due to the strong US Dollar.
Chart Of The Day: Commodity prices remain in a bear market for now!
Source: Short Side of Long
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