Gold, Silver, Copper and Crude Oil Briefing
$USO, $OIL, $GLD, $SLV, $CU
Commentary: Nothing new. PE
NYMEX WTI Crude at 68.82, +0.19% at 1st support, while that holds, a fall below 68 seems unlikely. A rise from 68 is possible in here, targeting 71. Near term looks Bullish above 68.
ICE Brent Crude at 74.22, -0.09% is stable in in here, and could to 76 then fade.
Gold at 1228.80, +0.47% looks ranged within 1210-1240 for now, but 1200 is seen near term followed by a bounce some expect to soon.
Copper at 2.7885, -0.48% can move to 2.90-2.95 in here. A re-test of 2.70 is possible while it traded below 2.95.
Have a terrific week