Gold, Silver, Copper and Crude Oil Briefing
$GLD, $SLV, $CU, $USO, $OIL
Commentary: Nothing new. PE
Gold at 1298.32 bounced from support on the 3-Day’s. While that holds, Gold may move to 1310-1315 in the coming sessions thus limiting the Southside at 1280.
ICE Brent Crude at 77.51 up from a bit, while NYMEX WTI Crude at 66.94 is off sharply from 68.10 seen Thursday. WTI Crude seeing 1st support 66, if it holds could drive the price up a bit, while Brent Crude is stable inhere and could be ranged within 77-79 for now.
Copper at 3.0616 is stable in here. While the Red metal trades above 3.02, it could rise to 3.20 medium term.
Have a terrific weekend