Gold, Silver, Copper and Crude Oil Briefing
$GLD, $SLV, $CU, $USO, $OIL
Commentary: Nothing New. PE
Brent Crude at 64.7 trades below 66 and ranged within 66-63 now. Some more trade within this range is possible near term. Near term looks Neutral – Bearish to me.
WTI Crude Oil at 60.80 is ranged within 59.50-61.0, not much change seen this week.
Gold at 1329.0 seen moving up to 1340/50. Near term looks Bullish to me
Copper at 3.1485 could see rejection at 3.1750 before coming off to 3.1000-3.0750. A clear break above 3.1750 could trigger a rise to 3.20 or higher in here.
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