Gold, Silver, Copper and Crude Oil Briefing
$GLD, $SLV, $CU, $USO, $OIL
Commentary: Nothing new. PE
Brent Crude at 74.20 could test at 76, and 76 is likely a Top medium term and the price could fade to lower to 72-71.
WTI Crude Oil at 68.18 is stable now after coming off from 69+, it could see 69.50-70.00 medium term with some dips.
Gold at 1325.20 dipped, and while below 1340 could test 1315, and them move up again.
Copper at 3.1150 is trading within upward channel line, and could test at 3.1750, 3.20 is major resistance.
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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.