NEW YORK ( TheStreet) -- For investors not into stock picking or trading commodity futures or bonds, you can do so using the popular exchange traded funds or ETFs I have been profiling in various articles on TheStreet.com. In other words you can trade these markets like stocks in ETFs.On Sept. 4 I wrote Higher Yields on Bonds, Gold and Crude Oil, and since then bonds have been moving higher with gold and crude oil moving sideways to down. How Capital Markets Will React to FOMC News where I updated the risk/reward for these markets as they react to the Fed statement and Fed Chief Ben Bernanke's press conference. The yield on the Treasury 10-year note peaked at 3.007% on Sept. 6, and the yield on the 30-year bond peaked at and 3.94% on Aug. 22. My call for September was that these yields will form trading ranges influenced by monthly pivots at 2.725% on the 10-year and 3.738% on the 30-year and this proved to be the case. TLT) ($105.80). The Treasury ETF is above its 50-day simple moving average at $105.23 with the 200-day SMA a strong resistance at $114.00. The weekly chart ended last week positive with rising momentum with the close above the five-week modified moving average at $105.74 with the 200-week SMA at $107.82. My weekly value level is $103.60 with a monthly risky level at $107.27. My semiannual value level lags at $92.32 with quarterly and semiannual risky levels at $111.43 and $120.62. After continuing to fail at its 50-day SMA at $1,344.7 an ounce, Comex gold ($1,287.6) is back below $1,300 trading to a Tuesday low at $1,290.5 as the daily chart shifts to negative. The weekly chart stays negative if Friday's close is below the five-week MMA at $1,333.2 with the 200-week SMA at $1,475.2. Daily and monthly value levels are $1,271.9 and $1,145.2 with weekly, quarterly and annual risky levels at $1,401.6, $1,435.6, $1,599.9 and $1,852.1. Continue to trade the gold market just like a stock using an ETF. SPDR Gold Trust ( GLD) ($124.59) is below its 50-day SMA at $130.04 with the 200-day SMA at $141.78. The gold index is below its five-week MMA at $129.82. My monthly value level is $110.40 with weekly and quarterly risky levels at $135.16 and $138.20.