Gold, Silver, Copper and Crude Oil Briefing
$GLD, $SLV, $CU, $USO, $OIL
Brent Crude at 64.49 sees 1st resistance at 66, while that holds, price may test to 63-62.
WTI Crude Oil at 61.30 is likely to trade in the 60-62.50 range for some more time.
Gold at 1328.30 came off against my expectation of moving North to 1350. The price may be ranged within 1345-1315 region for the next 3-4 sessions.
Copper at 3.1370 came off from 3.1750 and could test 3.10-3.07 in here before moving back to 3.20.
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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.