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April gold closed higher on Friday. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 1321.30 are needed to confirm that a short-term top has been posted. If April resumes the rally off November's low, the 87% retracement level of the April-August-decline crossing at 1376.20. First resistance is the 75% retracement level of the April-August-decline crossing at 1349.50. Second resistance is the 87% retracement level of the April-August-decline crossing at 1376.20. First support is the 20-day moving average crossing at 1321.30. Second support is the 50-day moving average crossing at 1298.50.

May silver closed higher on Friday. The high-range close set the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If May extends the rally off November's low, the 50% retracement level of the 2017-2018-decline crossing at 16.355 is the next upside target. Closes below the 50-day moving average crossing at 15.605 would confirm that a short-term top has been posted. First resistance is Wednesday's high crossing at 16.295. Second resistance is the 50% retracement level of the 2017-2018-decline crossing at 16.355. First support is the 50-day moving average crossing at 15.605. Second support is January's low crossing at 15.280.

May copper closed higher on Friday as it extends the rally off January's low. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible. If March extends the rally, the 50% retracement level of the April-December-2018 decline crossing at 296.76 is the next upside target. Closes below the 20-day moving average crossing at 281.64 would confirm that a short-term top has been posted. First resistance is today's high crossing at 295.20. Second resistance is the 50% retracement level of the April-December-2018 decline crossing at 296.76. First support is the 20-day moving average crossing at 281.64. Second support is the 50-day moving average crossing at 273.39.

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