COPPER_
Weekly – Trade pressures continue to rise. Volume changed to bullish at last week’s close. The 25×5 moving average is acting as resistance.
Daily – Remains in consolidation with a bias to the downside. Trade pressures are down. Volume is bearish. A short entry is at 2.74; but the 25×5 is at 2.71, so wait for confirmation.
GOLD_
Weekly – the 1142 low held again/ Trade pressures are down. Volume changed to bullish albeit very light volume.
Daily – the trade is long from the 1184 entry. Trade pressures are up to flat. Volume is bullish from last weeks bearish. The next target up is 1230 and 1252.
Stops at 1169.
SILVER_
Weekly – The trading pressures are flat for these last few weeks. Volume is still neutral,
Daily – The trade is long from 16.38 with the next target up of 18.05. Trade pressures are flat to down. Volume is bearish.