Metals

COPPER_   testing higher levels off the the consolidation at the 2.39 weekly target lows.

Weekly – Trade pressures are up. Volume is bullish. Price consolidating at the 2.68 upside retracement target.

Daily – Trade pressures are up but extended. Volume is bearish. The short cycle long trade is complete having met the 2.70 upside target.

A retracement down to the 2.52 target is likely.

GOLD_  Dollar up. Gold down.

Weekly – Trade pressures are up but turning down. Volume is bearish.  1107 is the next weekly target down.

Daily – Trade pressures are down. Volume is Bearish. Price has broken down thru the 1182 target and is looking at a test of the recent lows at 1130.

Need a trade above 1206 to restart any new move up.

SILVER_ still tracking gold.

Weekly – Trade pressures neutral. Volume is bearish. the 14.33 target is support.

Daily – Trade pressures are down. Volume is bearish. In a short trade from the 16.68 entry. The next target down is 13.69.

A close above the 16.67 level could signal higher.