Bonds (TNX), Gold (/GC), Copper (/HG), And Crude Oil (/CL) Moves

The bond market is gyrating and waiting to see if there are going to be any words from the Fed, says Scott Bauer of Prosper Trading Academy. Scott would be a big buyer of gold (/GC) on a dip in the 1830 area. He thinks the drawdown on copper is just profit taking and copper (/HG) has not had any changes in fundamentals. He would buy at the 4.20 range. He gives his thoughts on the supply side of crude oil (/CL) and the PPI data.

Futures

16 Jun 2021

ON AIR
7:00 am
Market Overtime
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Bonds (TNX), Gold (/GC), Copper (/HG), And Crude Oil (/CL) Moves

The bond market is gyrating and waiting to see if there are going to be any words from the Fed, says Scott Bauer of Prosper Trading Academy. Scott would be a big buyer of gold (/GC) on a dip in the 1830 area. He thinks the drawdown on copper is just profit taking and copper (/HG) has not had any changes in fundamentals. He would buy at the 4.20 range. He gives his thoughts on the supply side of crude oil (/CL) and the PPI data.

Futures

16 Jun 2021

ON AIR
7:00 am
Market Overtime
replay

Get Market Minute

Daily insights for every investor

FOLLOW US