Gold, Silver, Copper and Crude Oil Briefing
$GLD, $SLV, $CU, $USO, $OIL
Commentary: Gold is ranged but may break out to the Northside. PE
Gold at 1302.10 moved above 1300. While the rise continues, Gold may break out to 1320-1325 near term.
ICE Brent Crude at 75.84 and NYMEX WTI Crude at 66.94 both dipped a bit and may hold for now. Brent Crude came off from 77 Thursday and may test to 75 in here. WTI Crude has Bullishness to 68.
Copper at 3.2094 bounced from 3.20 in line with my expectation, and the Red metal could move to 3.2250 and higher next week.
Have a terrific weekend.