Gold, Silver, Copper and Crude Oil Briefing
$GLD, $SLV, $CU, $USO, $OIL
Commentary: Nothing New.PE
Brent Crude at 67.41, and WTI Crude Oil at 63.95 have moved up, recovering from marks seen Tuesday. Near term looks Bearish, while trading below 68 and 64 respectively.
Gold at 1329.73 fell Tuesday and may test the 1320. While below 1350, we may negate a test at 1360-1370.
Note: Let’s see if 1320 support holds or breaks near term.
Copper at 3.2225 moved up as expected and may remain in the 3.25-3.17 zone for 2-3 more sessions followed by a break on either side of the range. which would indicate direction ahead.