COPPER_

Weekly – After the the retest of the 2.39 January low pivot, consolidation appears to begin. Trade pressures are down Volume is neutral after a week of short covering. Next weekly target down is 2.32.

Daily – No trade. Trade pressures are down. Volume is bearish. The long entry price is 2.50, but no confirmation yet.

GOLD_

Weekly – Retesting the October ’14 low of 1130. The next target down is 1046. Trade pressures are down. Volume is bearish.

Daily – No trade. A definite down trend but no entry signal til late in the move. Trade pressures are down. Volume is bearish.

A move above 1149 could signal higher.

SILVER_

Weekly – still in the long term downtrend with 10.70 as the target. Trade pressures are down. Volume is bearish after last week’s bullish volume week.

Daily – Consolidating at the 14.66 target that was met last week. Trade pressure are down. Volume is bearish. So, no trade signal yet.

A close above 15.15 could signal higher.