Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing

$GLD, $CU, $USO, $OIL

Commentary: Nothing new. PE

Brent Crude at 74.46, and WTI Crude Oil at 67.95 are stable in here.

Note: WTI Crude Oil has some room of rising to 69-70 near term, Brent Crude could trade in the 72-76 range medium term.

Gold at 1317.60 looks to moving to 1310-1300. Near term looks weak in here. A bounce from 1310-1300 could be expected medium term.

Copper at 3.1335 is stable in here. Near term likely to be ranged within 3.10-3.18.

Have a terrific weekend.

The following two tabs change content below.

Paul Ebeling

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.

Latest posts by Paul Ebeling (see all)

You must be logged in to post comments :  
CONNECT WITH