Meantime, the U.S. dollar index was lower today and the greenback bears have the firm overall near-term technical advantage. Gold bulls' next upside near-term price breakout objective is to produce a close above solid technical resistance at $1,250.00. Silver bulls' next upside price breakout objective is closing prices above solid technical resistance at $17.00 an ounce. Copper bulls' next upside price objective is pushing and closing prices above solid technical resistance at the February high of 284.95 cents. The next downside price objective for the bears is closing prices below solid technical support at the June low of 252.90 cents.

Source: Forbes July 06, 2017 17:37 UTC