Gold, Silver, Copper and Crude Oil Briefing
$USO, $OIL, $GLD, $SLV, $CU
Commentary: Not much strength is seen in the commodities in here. Crude Oil and Gold prices look Bearish, while Copper could remain ranged now. PE
NYMEX WTI Crude at 67.66,-0.34% dipped and has room to 66-65, while ICE Brent Crude at 72.77, -0.36% could also be pushed to 71 to test 1st supports before resuming the up trend.
Gold at 1223.20, -0.20% tested to 1220. While trading below 1240, there is room to 1200 in here. Near term could be Bearish to Neutral within 1200-1240.
Copper 2.7590, +0.46% is not able to rise above 2.80 now and could remain ranged in the 2.80-2.65 for some time
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