Gold, Silver, Copper and Crude Oil Briefing
$GLD, $SLV, $CU, $USO, $OIL
Commentary: Safe-havens still in focus and holding. PE
Brent Crude at 71.66 is down from 74, seeing Brent Crude to 70 in here.
WTI Crude Oil at 66.52 has come off from resistance near 68 while that sustains, a fall to 65-64 looks imminent.
Gold at 1349.30 seeing resistance at 1370, as I see it the precious Yellow metal could well break above 1370 this month to 1380-1400. Medium term Gold looks Bullish to me.
Copper at 3.0985 seen to re-test 3.15 before coming off again, as 3.15 is major near term resistance for Copper and will likely to hold medium term.
Latest posts by Paul Ebeling (see all)
- Iceberg Dangerously Close to Greenland Village Spotted from Space - July 18, 2018
- Bitcoin (BTCUSD) Broke the Psych Resistance at $7000 Each - July 18, 2018
- The Market is Content with Long-term Treasury Yields - July 17, 2018