The Metals Review - The Week of June 20th, 2011

Just short but valuable, the metal review will tell us how Gold, Silver and Copper market works this week.

[B]The Metals Review[/B]
For the week of June 20th, 2011

Precious metals bounced up last week as fear came back into the market with gold shooting higher from $1,520 to $1,540 and silver rallying to above $36. Even as the USD increases the precious metals appear unaffected by this as traders dip back in to the market here with a falling S&P. As I see it, gold still has great resistance at $1,555 and silver at $38 to $40. Copper is down again below $4.10 as this market has been having a tough time recently and looks to head lower. I believe a $3 handle will be seen very soon as the equity markets still look to come off.

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