It seems like, as discussed yesterday, NY will open selling the commodity Levels to watch on the downside are 1321, 1317, 1313, 1300. On the opposite side the level to watch is 1340 so that stops for shorts must be @1342. It's very likely that the gap is filled today considering that the calendar is light on news, we have the ECB rate decision release on Thursday and the market needs to breath in order to improve the overbought condition. NK issue may be a no show today considering that they like weekends for their activities.
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