Metals

GOLD_ time pressures are up thru mid august. trade pressures are fully over bought.
the long term target is 1744, with support at 1586.

Daily is in the trade up to 1657. a move down thru 1603 could quickly test the 1586.

COPPER_ still in the long term trade down to 3.70.
trade pressures are up but about to turn down, time pressures are also ready to turn down.

Daily trade is up to a 4.89 target but will meet resistance at the 4.58 high.
trade pressures have turned up, but the time pressures turn down on Aug 8th.
a trade below 4.36 sets up the move down.

SILVER_ silver entered the long term upward time pressures on July 8th and should stay up thru October 8th. the trade pressures are overbought now so a corrective move down is likely.  the upside target is 53.92.

the daily trade is up to 42.63, but both trade and time pressures are ready to turn down. a move down thru 37.11 starts a move down to test the recent lows.