Prices seemed to catch a bid last week — though I am sure there is a fundamental reason why. With that support, expect prices to continue to show strength until what ever news supported last weeks gains ends and a retest of support begins. The market is still in a historically bearish period for prices (Q3) and don’t see any reason to doubt this year’s seasonal.
Major Support: $1.484-$1.44, $1.336 Minor Support: $1.527, $1.66 Major Resistance: $1.722, $1.864-$1.896 Minor Resistance:
