Written Commentary
GOLD / SILVER
While August gold has managed to respect the $1750 level overnight, the damage to the charts yesterday and the damage to bullish psychology is significant.
PLATINUM / PALLADIUM
The platinum market is expected to continue to track opposite of palladium with a large range down washout yesterday.
COPPER
In retrospect, the Chinese PMI readings overnight were supportive of copper, with copper prices early today clawing toward this week’s high.
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