Gold, Silver, Copper and Crude Oil Briefing
$USO, $OIL, $GLD, $SLV, $CU
Commentary: Nothing new. PE
NYMEX WTI Crude at 68.10, -0.21%, and ICE Brent Crude at 72.56, -0.03% are hanging just above important support. Brent Crude could spend some time ranged within 74-71. WTI Crude has room on the Southside to 66.0-65.50,which is likely to hold medium term.
Gold at 1217.70, -0.51% looks weak in here, and could fall to 1200 and lower next week.
Copper (at 2.6995, +0.15% broke below 1st support near 2.70. Southside targets of 2.60-2.55 may occur medium term.
Have a terrific weekend