Gold, Silver, Copper and Crude Oil Briefing
$GLD, $SLV, $CU, $USO, $OIL
Commentary: Nothing New.PE
Brent Crude at 62.80 has support in the 61-62 area, and while that holds, a bounce to 65 is seen in here.
WTI Crude Oil at 59.17 has support near 57.30-58.00, which may drive the price to near 60-62 later this week. Near term may be Bullish.
Gold at 1337.20 is moving up. A re-test of 1340-1345 is possible near term. My view is Bullish this week.
Copper at 3.1560 moved back above 3.0750, and while that support holds, the price may continue to 3.20-3.25 in the days ahead. Near term looks Bullish to me.
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