Posted Jun 3, 2013 by Martin Armstrong
The month end closing for gold was 1392.60 holding the main Month Bearish while electing 1462.50, warning that yes we are still in a correction mode, but crisitcal support is holding for now.
When we look at Copper, the primary support lies at 303 whereas this has held intraday falling to 305, but again, it appears we could still see some lower prices ahead.
There has been no bounce of that magnitude as yet. The market energy is still rather flat.