COPPER_ HGZ15

Weekly – Trade pressures remain down. Weekly Volume has turned bullish. Need a close above 2.42 to confirm a new move up.

Daily – The trade is long. The Thursday close above 2.32 has triggered a new long position. Trade pressures are up. Volume has closed bullish for two days.  The next target up is 2.53.

Stops at 2.19.

GOLD_ GCZ15

Weekly – Trade pressures are up. But volume turned bearish at last week’s close. 1166 is the 25×5 moving average as resistance.

Daily – Flat. Trade was stopped out at the 1130 stop for a small profit. Trade pressures are down. Volume has been bearish for five days.

A close below 1113 would signal lower.

SILVER_ YIZ15

Weekly – Flat. Still side ways with no direction. Trade pressures are flat. Volume has turned bearish from bullish.

Daily –  Flat. Lower lows. Trade pressures are down. Volume is bearish.