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Commodity ETF Outlook For 2013
By Marubozu  •  January 3, 2013
Commentary

Commodity prices affect our everyday life and give us clues as to the type of economic times we are in, but now with the use ETFs, you can easily access commodities for the purpose of (hopefully) profiting from them. Commodity ETFs can be volatile, and having both a long-term and short-term perspective will help screen out market noise from important moves. This is especially important when attempting to determine how an ETF will perform over the course of the year. Gold, silver, oil and natural gas all have the potential for major moves in 2013 based on the patterns created, or broken, in 2012.

 

SPDR Gold Shares (ARCA:GLD)
 

SPDR Gold Shares (ARCA:GLD) formed an upside breakout from a large triangle that contained the price for much of late 2011 and 2012 and gives a bullish bias for 2013. The target for the breakout is $197 with an interim ...

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By Marubozu
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