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.
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