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 1296.55 continues stable. A dip to 1285 is expected.
Copper at 3.2588 trades below 3.30 after a move to 3.3130. Now, see a fall to 3.20. Near term the Red metal looks Bearish to me.
NYMEX WTI Crude at 66.07 may test 67 in here, Southside could hold at 64 now. Expect trade within the 67-64 range, then a break North or South to determine direction.
ICE Brent Crude at 77.28 moved up.
WTI and Brent Crudes will have to break above 67 and 78 to turn Bullish medium term, or there will be more dips in the coming
Have a terrific weekend