COPPER_ Continues to trade around the weekly long entry price of 2.62. Global demand will be moved by the Chinese and European economies.

Weekly – Trade pressures in negative territory but trending upward. Volume is bullish. resistance at 2.75.

Daily – Still in the long trade from the 2.51 long entry. Trade pressures are down. Volume is neutral. The next target up is 2.85.

a close below 2.55 would signal a new move down. The 2,36 downside target is still active.

GOLD_

Weekly – five weeks of bearish volume. Gold is now testing the prior 1142 lows. The next target down is 1045. Trade pressures are down.

Daily – dropped down thru the 1182 target with no support. the next target down is the prior low of 1129 in Nov ’14. Then the to 1104 extended target. Trade pressures are down. Volume is bearish.

need a close above 1189 to restart a move up.

SILVER_

Weekly – still in the weekly move down. the next weekly target is 10.70. Trade pressures are neutral. Volume is bearish.

Daily – in the retracement trade down to 13.695. Trade pressures are down. Volume is bearish.

Need a t close above 16.33 to stop the down trade and signal higher.