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Although gold prices rose to a seven week high during the previous week, better than expected NFP report on Friday pushed gold prices down to finish a negative week at $1258.25.

Crude oil prices were mixed during the previous week as every day had a different price action sentiment. However, in the end of the week, oil prices finished relatively unchanged.

In the week ahead, OPEC and IEA will publish their monthly reports.

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver and Copper as traded on spot market as of August 6th, 2017:

Crude Oil

Indicators

Floor Pivot Points

Fibonacci Retracement Levels

Gold

Indicators

Floor Pivot Points

Fibonacci Retracement Levels

Silver

Indicators

Floor Pivot Points

Fibonacci Retracement Levels

Copper

Indicators

Floor Pivot Points

Fibonacci Retracement Levels

This post was originally published by EarnForex

This article was originally posted on FX Empire

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