Commodities Analysis 07/02/2014 [HD]

In this video we take a look at gold, silver, miner, steel and natural gas.

FCX [$37.81] has a monthly buy price of $37.06, SLX [$48.81] has a monthly buy point of either $47.85 or $49.72 (depending on how you look at it) and UNG [24.00] could easily breakdown below the current strong support level around $24.00.

Natural gas bear ETF's are one way to play any drop in the price of UNG which means one can consider DGAZ [$3.29] and KOLD [$42.19] here.