Gold, Silver and Oil Technicals and Fundamentals GLD, SLV, USO

By Paul A. Ebeling, Jnr.,

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SPDR Gold Trust ( ETF ), NYSE:GLD, iShares Silver Trust ( ETF ), NYSE:SLV, United States Oil Fund LP ( ETF ) NYSE:USO

The Overall Fundamentals
Last Friday's sharp decline sent commodities broadly lower on weekly basis. Disappointing corporate earnings and the uneventful EU summit were Key reasons damping market sentiment and reducing demand for commodity investments.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing Commodities
Referenced Stocks: ETF

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