Gold – in a retracement of the long term uptrend. The downside target is 1241.25 with support at 1314.
But the trade pressures are extended down suggesting a move up off the support level.

Next target down on the daily is 1310.  1364 would start a move up.
time pressures are up. trade pressures are fully over sold.

Copper -weekly is consolidating rather than making a retracement move down from its 4.43 target.
the daily cycle is down thru the end of January and trade pressures are oversold.  the 4.21 short cycle downside target was almost met.

a move above 4.44 should start a move up.

SLW  [the silver proxy] – still in the same longer term move up from 25.55. with a sharp daily cycle correction down to the Nov low of 30.52.
failure to hold takes SLW to 28.38.
need a trade thru 33.38 to restart the daily move up.
trade pressures are up and time pressures turn up the 27th of Jan.