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
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:
