Gold, Silver, Copper and Crude Oil Briefing
$GLD, $SLV, $CU, $USO, $OIL
Commentary: Nothing New. PE
Gold at 1293.6, and Silver at 17.17 are stable. Gold could test at 1300 in the next few sessions, while Silver could see a dip to 17.00-16.80 or remain stable near current marks now.
Brent Crude at 56.61, and WTI Crude Oil 51.02 are stable as seen Wednesday. As I mentioned Wednesday, Brent Crude can continue rising to 57.45, and WTI Crude Oil could rise to 51.50-52.00 before seeing another down move.
Copper at 3.0895 moved up sharply as I expected. The price may pause near 3.10 or if it moves higher, see a re-test of 3.18-3.20 near term.