We will be back with the financial market soon. In stead, this week we just have a look at one of other important futures market since somehow the change in this market - Metal - will lead to changes in others.

By Pitguru Daniel Cronin

Precious metals had a nice week last week moving higher on the Egyptian departure of Mubarak as Gold rallied to just under $1,370 before giving back some gains to $1,360. Silver still looks to be the way to play here as it reached over $30 last week before it too gave back some gains. I like these metals for the long term and also the short term in the next few weeks so I look for opportunities on any dip here. Keep up with silver and gold prices will not be redundant.

Copper has repelled from the $4.65 high and is now below $4.60 as this market has seen a bit of profit taking. I do not like the Copper price up here and would be a seller as prices are still too high I believe. I'm looking ore for a $4.20- $4.30 area to get back in as I believe it is overbought up at these levels.

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Futures Trading | Futures Markets | Crude Oil Prices