Metals

COPPER_

Weekly – Trade pressures are down. Volume is bearish.

Daily – Completed the trade down to the 2.66 target. Trade pressures are down. Volume us bearish. The next target down is 2.56.

A close above 2.79 would restart the move up.

GOLD_

Weekly – Back below the 25×5 moving average. Trade pressures are down. Volume has changed to bearish from neutral. 1046 remains the weekly downside target.

Daily – In the short trade from 1193. The next target down is 1130. Trade pressures are down and fully extended. Volume remains bearish.

Move the stop to the 1193 entry price.

A close above 1184 would also signal a retracement up.

SILVER_

Weekly – Still in a sideways channel in a down trend. Trade pressures are down. Volume has change from neutral to bearish. the 10.70 price is still the weekly target.

Daily – stopped out at the 16.33 long entry.

A close above 16.48 would restart the long trade.