Gold, Silver, Copper and Crude Oil Briefing
$GLD, $SLV, $CU, $USO, $OIL
Commentary: Gold is still ranged. PE
Gold at 1295.06 is still ranged in here, while it trades below 1300, the precious Yellow could fall to 1290-1285 near term.
Copper at 3.2284 trades lower, the Red metal price could dip to 3.20 and pause. Then a rise from 3.20 is possible medium term.
ICE Brent Crude 75.67, and NYMEX WTI Crude at 65.99 dipped and are trading lower now.
ICE Brent Crude could get support at 75, a clear break South could make it vulnerable to 74.0-73.5 before a bouncing.
NYMEX WTI Crude is trying to move above 66.50-67.00, and if happens, could turn Bullish in here.