COPPER_ HGN16

Weekly – The downtrend stop has rejected price twice now. Trade pressures are down. Volumes closed bullish.

Daily – Flat. In a move down.  Trade pressures are down. Volumes are bearish.

2.05 is the next target down.

A close above 2.16 could signal a new move up.

 

GOLD_ GCM16

Weekly – In the move up. Trade pressures are up but declining. Volumes remain bullish.

Daily – Flat. In the move up from the new long entry price of 1268. Trade pressures are up but stalling. Volumes are bullish.

The next target up is 1328.

A close below 12 70 could signal a new move lower.

 

SILVER_ SIM16

Weekly – At the 18.13 weekly target. Trade pressures are up. Volumes closed bullish.

Daily –  Flat. Consolidating between the 17.30-17.64 targets. Trade pressures are up but declining. Volumes have changed to neutral.

At a short entry price of 17.52. Bearish volume could signal lower.