COPPER_ HGZ15

Weekly – Weekly attempting to confirm the long move on the daily. Need a close above 2.42. Trade pressures are up. Volume has changed from bearish to neutral.

Daily – Long from 2.32. Trade pressures move to positive on Monday. Two days during the week traded below the 2.32 long cycle entry price. First profit target is 2.41. Friday closed above this target. the next target is 2.52. Volume is bullish.

Stops are at 2.32.

 

GOLD_ GCZ15

Weekly – At the 1155 resistance. Trade pressures are up. Volume remains bullish.

Daily – Flat. No trade. Made a retracement move up inside the longer cycle move down. Trade pressures are up. Volume is bullish.

Missed the 1121 entry, no confirmation. Look for a pullback to the 1128 resistance for a second possible long entry.

 

SILVER_ YIZ15

Weekly – SILVER at the 15.18 resistance. Trade pressures are up. Volume is bullish.

Daily – Flat No Trade. Completely missed this move up. from 14.32. Trade pressures are up. Volume is bullish.