Metals

COPPER_ HGZ15

Weekly – Trade pressures are neutral. Volume is bullish.

Daily – Long. In the trade from the 2.32 entry price and reached the 2.47 target.  Trade pressures are down and Volume has turned bearish from bullish.

Now in a pull back with a 2.32 break-even stop.

[Update 9-22-15: stopped out at 2.32]

GOLD_ GCZ15

Weekly – Perking up? Trade pressures have turned to positive from neutral. Volume has changed from neutral to bullish.

Daily – Flat. No trade. Trade pressures are up. Volume has turned from bearish to bullish this last week. a long entry is signaled at 1120, but the 60 minute chart is showing over bot, so wait for some clarity.

While still in a downtrend, price has moved back up near 1133; a prior short entry level. So, two different opportunities.

SILVER_ YIZ15

Weekly – Trade pressures are up. Volume is slowing showing a neutral.

Daily – Flat. No trade. Trade Pressures are up. But volume remains bearish.