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June gold closed higher on Friday as it consolidated some of the decline off March's high. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. If April renews the rally off March's low, March's high crossing at $1704.30. Closes below Wednesday's low crossing at $1576.00 are needed to confirm that a short-term top has been posted. First resistance is the March 25th high crossing at $1699.30. Second resistance is March's high crossing at $1704.30. First support is Wednesday's low crossing at $1576.00. Second support is March's low crossing at $1450.90.

May silver closed lower on Friday as it extends the trading range of the past two-weeks. The low-range close set the stage for a steady to lower 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 resumes the rally off March's low, the 50-day moving average crossing at 16.403 is the next upside target. If May resumes the decline off February's high, weekly support crossing at 8.400 is the next downside target. First resistance is the reaction high crossing at 14.980. Second resistance is the 50-day moving average crossing at 16.403. First support is Wednesday's low crossing at 13.895. Second support is March's low crossing at 11.640.

May copper closed lower on Friday as it extends the trading range of the past three-weeks. The low-range close sets the stage for a steady to lower 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. Closes above the 20-day moving average crossing at 227.12 are needed to confirm that a short-term low has been posted. If May resumes this year's decline, the January-2016 low on the monthly continuation chart crossing at 193.55 is the next downside target. First resistance is Tuesday's high crossing at 224.80. Second resistance is the 20-day moving average crossing at 227.12. First support is March's low crossing at 197.25. Second support is the January-2016 low on the monthly continuation chart crossing at 193.55.