Technical analyst Chris Kimble, a dshort.com regular contributor, takes look at the contrasting patterns of Base Metals and Gold.
Chris comments: Base Materials ETF (DBB) is breaking a lower support level of late, in what seems to reflect a softness in the global economy.
Gold continues to push higher, ever higher into a narrowing wedge that has to end soon.
Often times precious and base metals are on the same price road, yet since January of this year, they are heading in different directions.
Will they get back on the same road again? If so, which direction will that road take them?