Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing

Gold, Copper and Crude Oil Briefing

$GLD, $CU, $USO, $OIL

Commentary: Crude Oil looks stable in here.PE

Brent Crude at 73.18, and WTI Crude Oil at 67.81 are looking stable now. Brent Crude could be trading within 76-72 for a while, and WTI Crude Oil tests resistance near 70, could come off to 66-65 near term.

Gold at 1309.40, +0.29% wants to test to 1300ish, and may move up in the coming sessions to 1320 again as it does. Near term looks Bullish while above 1300 to me..

Copper at 3.0615 sees support on the 3-Day candle chart now ,and while that holds, the Red metal could move up to test 3.15 again soon.

Stay tuned…

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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.

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