Gold weekly
Silver weekly
Summary
Suffice to add, s/t bearish, but the indirect bullish aspect remains copper...
Copper weekly
With 2 trading days left of the month, copper is $3.10, and that should be enough to ensure an Oct' close >$3.00.
Friday, 27 October 2017
Metals pressured via the USD
It was a second consecutive bearish week for the precious metals of Gold and Silver, with
net weekly declines of -$8.70 (0.7%) to $1271.80, and -$0.33 (1.9%) to
$16.75 respectively. Near term outlook offers further weakness, not least if the USD continues to claw upward.
Gold weekly
Silver weekly
Summary
Suffice to add, s/t bearish, but the indirect bullish aspect remains copper...
Copper weekly
With 2 trading days left of the month, copper is $3.10, and that should be enough to ensure an Oct' close >$3.00.
Gold weekly
Silver weekly
Summary
Suffice to add, s/t bearish, but the indirect bullish aspect remains copper...
Copper weekly
With 2 trading days left of the month, copper is $3.10, and that should be enough to ensure an Oct' close >$3.00.
