Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

$GLD, $SLV, $CU, $USO, $OIL

Commentary: President Trump’s “trade wars are good” good for Gold.PE

Brent Crude at 64.62, and WTI Crude Oil at 61.48 are trading lower. WTI Crude Oil is likely to trade in the 63-59 zone in the coming sessions, while Brent Crude could move to 66 again with a possible downside of 63. Some up-move is possible this week to on both could see 66 and 63 respectively.

Gold at 1326.40 is trying to move up to 1340, while trading above 1310. Near term looks Bullish to Neutral in here to me.

Copper at 3.1280 moved down, but has paused above support near 3.07. While the price remains above 3.10, it may move up to 3.20 again.

Have a terrific week.

The following two tabs change content below.

Paul Ebeling

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.

You must be logged in to post comments :  
CONNECT WITH