Metals and Crude Chart Updates July 12, 2017

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Are the streets of gold and silver bloody enough for you yet? Look for continued short term upside here, but the charts have been painted to give the appearance of impending breakdowns. Watch price action at resistance and at the tops of channels.

Palladium is on a tear! Platinum charts look bleak, sentiment may be bottoming.

Copper looks ready for a pop to $3! Crude is consolidating.

I like where we sit. Copper says economic activity to increase, which will put pressure for stable or higher crude. Not sure what palladium is telling us, perhaps a rebound in auto manufacturing?

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Metals and Crude Chart Updates July 12, 2017 | Ecency