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GOLD AND CRUDE OUTLOOK: 03-07-2017

GOLD AND CRUDE OUTLOOK: 03-07-2017
July 02
16:31 2017

Crude oil is slightly positive due to sharp dip in oil output.  Crude has resistance at $47.74 and it has support at $43.18 per barrel.  But the yellow metal is likely to test lower support levels due to talks about tightening monetary policies in the Euro zone.  Gold has support at $1240 and $1227.  Resistance for gold is at $1260 per troy ounce.

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ALEX MATHEWS

ALEX MATHEWS

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