Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing


Commentary: Nothing New. PE

Brent Crude at 64.80 is testing resistance at 66, while that holds, the price could come off towards 63-62. The Northside looks limited in here.

WTI Crude Oil at 61.21)is likely to trade within 59.50-63.00 this week. Near term is likely to remain Neutral.

Gold at 1323.30 is trading above 1st support on the daily candle, and while above the support near 1310-1315, the price is likely to move up to 1340/50.

Copper at 3.1220 may trade in the 3.1750-3.0750 area for a few more sessions before moving higher towards 3.20/25 medium term.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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