COPPER_ at the 3.376 target, near the end of the move down.
the longer term downside target is 3.25.
need a move up thru 3.42 to start a retracement up to 3.57.
the new time pressures should turn up soon. the trade pressures are down but showing some divergence.
GOLD_ has been grinding down to the long term target of 1523.
a retracement move took price to the 1614 long entry where resistance was enough to cause another pullback.
If this pullback can hold at the 1556 lows then a 2nd move up thru the 1614 long entry could generate a move to 1706.
weekly pressures are still down, so expect any move up to be muted. [the quarterly indicators have turned down also. Be Careful!]
the daily trade pressures are showing oversold, so any move up could be supported. will watch the dollar to see where the funds are flowing.
SILVER_ cannot be sanguine about silver after this failure to hold the 27.70 level. 26.20 is the next target down, then the pivot low of 26.03. must hold.
a move up thru 27.90 is required to get any traction on the upside/
like gold the trade pressures are over sold.