COPPER_ the early May test of the 3.07 lows seems to have held. the last three weeks of consolidation may provide a base for a new move up.
the daily trade is up from 3.15 with the next target up 3.44.
a move below 3.22 could signal lower, but the macd is showing bullish next week if it holds this current range.
GOLD_ still bearish with a target of 1215.
however the daily trade is likely to turn bullish after Memorial day.
the long entry price is 1383, but need a trade above 1484 to really confirm a new up-move.
1501 would be the first target.
SILVER_ 19. 56 is still the downside target and has also retested the lows, but looks slightly different.
The spike down and a close back into the previous range suggests a “wash and rinse” of the shorts.
so watch for a retracement move above 23.37 to take silver to a 27.69 target.