Gold, Silver, Copper and Crude Oil Briefing
$GLD, $SLV, $CU, $USO, $OIL
Commentary: Copper and Brent Crude are Bullish, while WTI Crude could see some pause near term. Gold is ranged. PE
Gold at 1297.15 is stable in here, ranged within 1300-1280 for now.
Copper at 3.2754 rose to 3.30 Wednesday. 3.30-3.35 our the near term target now.
NYMEX WTI Crude at 64.96 down, 66 is 1st resistance and Black Gold’s price holds below 66, it could seek 63.50-64.00 before struggling to move up again.
ICE Brent Crude at 75.67 is trading up a bit. A rise to 77 may happen while it trades above 74.
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