$GLD, $SLV, $CU, $USO, $OIL
ICE Brent Crude at 79.05 and Nymex WTI Crude at 71.89 could see some near term falls to 77 and 70.50 respectively before attempting another rise.
Gold at 1288.70 is stable near current marks. A fall to support at 1275 is not expected, so the precious Yellow metal’s could rise towards 1300 near term.
Copper at 3.0845 has support at 3.05, while that holds, it could bounce to 3.15 medium term. Overall, the Red metal looks Bullish to me.
Have a terrific week.
Latest posts by Paul Ebeling (see all)
- The Street’s Key Stock Analysts Research Reports - January 22, 2019
- “Sex Games In Hollywood,” new book by Michael Selsman, author of “All Is Vanity” - January 22, 2019
- Intro Reading: Steven Machat’s ‘Spiritual Insomnia’ - January 22, 2019