Among other markets, commodities formed an interesting trade action during the previous week. Gold ‘Flash crash’ was a major event although gold was trading relatively clam beside the bizarre event. Crude oil prices bounced back to trade higher as reports confirmed that oil supply decreased.

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 July 2nd, 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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