GOLD
Gold price continues to
fluctuate around the key resistance 1265. Prices were unable to hold above this
level after giving closing above it. Gold fell for the first time in 4-sessions,
giving up a fraction of the advance made in this week.
Since morning positive trading
can be seen in the prices, which supports the continuation of main bullish
trend overview, which depends on the stability above 1250 level.
SILVER
Silver prices are currently
hovering above the 17.40 level which shows positive attempts to move above 17.80
level in this month, which supports the continuation of the bullish trend
scenario efficiently for today, conditioned that holding above 17.43 level
represents the most important condition for bullish overview.
CRUDE
Crude prices are trading
positively since morning, which provides bullish overview on the intraday and
short term basis conditioned by the price stability above 50.40 level.
Crude
price succeeded to test 50.40 level and closed the daily candlestick exactly on
it, but today recovered from it, which strengthen the ongoing bullish trend,
waiting to confirm breaching the 51.60 level to open the way towards 53.90.
COPPER
Copper price remains
stable above the support level at 2.0750. The prices touched the
symmetrical triangle formation on daily chart. So a reversal from this level
can be seen in coming term, taking the prices to 2.20 level.
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