Gold, Silver, Copper and Crude Oil Briefing
$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.