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October gold closed lower on Friday as it extends the trading range of the past four-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 turning neutral to bearish signaling that sideways to lower are possible near-term. If October resumes the decline off April's high, the December-2016 low crossing at 1162.10 is the next downside target. If October resumes the rally off August's low, the reaction high crossing at 1239.80 is the next upside target. First resistance is the reaction high crossing at 1215.70. Second resistance is the reaction high crossing at 1239.80. First support is August's low crossing at 1162.70. Second support is the December-2016 low crossing at 1162.10.

December silver closed lower on Friday as it extends the trading range of the past two-weeks. The mid-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. Closes above the 20-day moving average crossing at 14.384 are needed to confirm that a short-term low has been posted. If December resumes the decline off June's high, the December-2015 low on the weekly continuation chart crossing at 13.620 is the next downside target. First resistance is the 20-day moving average crossing at 14.384. Second resistance is the 50-day moving average crossing at 14.969. First support is last-Tuesday's low crossing at 13.965. Second support is the December-2015 low on the weekly continuation chart crossing at 13.620.

December copper closed higher on Friday as it extends the rally off September'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 near-term. If December extends the rally off August's low, the reaction high crossing at 288.85 is the next upside target. Closes below the 20-day moving average crossing at 268.54 would signal that a short-term top has been posted. First resistance is the reaction high crossing at 288.85. Second resistance is the July-5th gap crossing at 293.10. First support is August's low crossing at 257.45. Second support is the 62% retracement level of the 2016-2018 rally crossing at 251.03.

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