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Precious Metals Remain Trapped In Range

Published 11/25/2014, 01:01 AM
Updated 07/09/2023, 06:31 AM
DBC
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DBP
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Precious Metals Index Relative to Commodity Index (via PowerShares DB Commodity Index (ARCA:DBC)):

Precious Metals (via PowerShares db Precious Metals ETF (NYSE:DBP)) remain trapped in the highlighted range, but prices are now pushing against range highs. A break is looked for in the coming weeks, as the RSI remains positive, suggesting improved investor sentiment into December and the beginning of 2015.

DBP vs DBC From 2007 with 8-M RSI

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