Gold, Silver and Crude Oil: What Is The Next Market Trend? The commodities forecast from last sunday
The commodities forecast from July 3 2011
Time horizon of the forecast: 3 trading days from July 5
Gold: Last week saw gold prices post their biggest weekly gain in 19 months, after weak employment data added to concerns over the U.S. economy and amid fears over sovereign debt contagion in the euro zone.
Crude Oil: Last week saw crude oil prices pull back from a three-week high on Friday, after weak employment data added to concerns over the U.S. economic outlook and weighed on demand expectations from the world’s largest oil consumer.
