Weakness developing in commodities

Checking the 15-min bar chart, copper and oil are not looking too spirited.

Here’s oil:

And copper, same scale:

And of course platinum and palladium are looking busted. Daily charts here.

Platinum:

Palladium:

The technical damage in these metals is probably not a good sign for gold and silver either.

Silver’s daily chart leaves a thing or two to be desired:

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