Gold, Silver, Copper and Crude Oil Briefing
$USO, $OIL, $GLD, $SLV, $CU
Commentary: Nothing new. PE
ICE Brent Crude at 73.55, and NYMEX WTI Crude at 68.78 look Neutral. WTI Crude is ranged in here within 69.0-67.5, and may rise above 69, Brent Crude could move above 74 and could not in here.
Gold At 1224.20 is up a bit but could easily retest to 1200 in here, there is some support at 1210, it may well hold in here.
Copper at 2.7510 moved up from 2.7240 Friday. Seeing the Red metal ranged within 2.80-2.65 now.
Have a terrific week
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Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.