#copperfutures #goldfutures #silverfutures

COPPER_ HGK19

Weekly – Meeting upside resistance at the 3.00 level. Trade pressures are up. Volumes are now neutral.

Daily – Short. The close below 2.90 signals lower. Trade pressures are down into the neutral zone. Volumes are bearish.

The next target down is 2.82, the uptrend support line.

A close above 2.97 would signal higher.

Stops are at 2.97.

 

GOLD_ GCJ19

Weekly – Consolidating at the 1317 upside target. Trade pressures are up but rolling over. Volumes are bearish.

Daily – Flat. The  short trade was stopped out at the 1300 level for a profit. Trade pressures are down but rising. Volumes are bullish.

In the move down, but a close above 1315 would signal higher.

A close below 1284 would signal a resumption of the move down.

 

SILVER_ SIK19

Weekly – In an uptrend. Trade pressures are up but rolling over. Volumes are bearish.

Daily – Short. The short trade was entered at 15.42. Trade pressures are down but rising. Volumes are bullish.

The next target down is 14.00.

A close above the 15.50 level would signal higher.

The stop remains at the entry price, 15.42.

[3-12-19: stopped out at the 15.42 breakeven.]