Gold, Silver, Copper and Crude Oil Briefing
$USO, $OIL, $GLD, $SLV, $CU
Commentary: Nothing new. PE
NYMEX WTI Crude at 69.40, and ICE Brent Crude at 74.41 are trying to move up, while that continues, WTI Crude could move up towards 71-72 while Brent Crude could test 76+ near term.
Gold (1232.40) if sustains a rise above 1230, could head towards 1240/50 in the next few sessions. Overall near term looks Bullish to me.
Copper 2.8395 may dip to 2.80 before resuming the uptrend to 2.90 and higher. Near term looks Bullish to me..
Latest posts by Paul Ebeling (see all)
- Asia: Gold, USD, Crude Oil, Stocks & Commodities - May 22, 2019
- China is the World’s Largest Consumer of Gold, Here is Why - May 22, 2019
- F1: Ferrari (NYSE:RACE) at Monte Carlo - May 21, 2019