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June gold closed slightly lower on Tuesday as it consolidated some of the rally off March's low. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If June extends the rally off the 50% retracement level of the August-March decline crossing at $1894.10 is the next upside target. Closes below the 20-day moving average crossing at $1786.30 would signal that a short-term top has been posted. First resistance is the 38% retracement level of the August-March-decline crossing at $1842.70. Second resistance is the 50% retracement level of the August-March decline crossing at $1894.10. First support is the 20-day moving average crossing at $1786.30. Second support is the 50-day moving average crossing at $1750.80.

July silver closed higher on Tuesday as it extends the rally off March's low. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are becoming overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If July extends the rally off March's low, the 75% retracement level of the February-March-decline crossing at 28.451 is the next upside target. Closes below the 20-day moving average crossing at 26.467 would signal that a short-term top has been posted. First resistance is the 62% retracement level of the February-March-decline crossing at 27.628. Second resistance is the 75% retracement level of the February-March-decline crossing at 28.451. First support is the 20-day moving average crossing at 26.467. Second support is the April-29th low crossing at 24.745.

July copper closed higher on Tuesday as it posted a new high close as it extends the rally off last-September's low. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If July extends the rally off the March 19th, 2020 low, upside targets will be hard to project. Closes below the 20-day moving average crossing at 443.60 would confirm that a short-term top has been posted. First resistance is Monday's high crossing at 488.80. Second resistance is unknown. First support is the 10-day moving average crossing at 458.83. Second support is the 20-day moving average crossing at 443.60.