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

Friday, 72 and 66 look like the major support on Brent Crude at 73.60, -0.03%,  and WTI Crude Oil at 68.43, -0.01% that if they hold and drive the prices higher, or stabilize move sideways or rally up towards 74-75 and 69-70. We will soon see.

Gold at 1313.90, +0.09% wants to recover from marks near 1300, it could soon to 1320/30.

Copper at 3.0910, +0.37% look ranged within 3.15-3.05 for now. A break below 3.05 to 2.95.

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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