COPPER_ HGN16

Weekly – In the range bounded by 1.930 and 2.30. Trade pressures are up. Volumes remain bearish.

Daily – Flat. Stopped out of the long trade with the BREXIT drop. Trade pressures are up and extended. Volumes have turned to bearish.

A close below 2.10 would signal lower.

 

GOLD_ GCQ16

Weekly – The weekly range was 1252 to 1362 with a close at 1322 after the “Leave” vote was successful. Trade pressures are up. Volumes remain bullish.

Daily – Flat. Stopped out of the short position with a profit before the leap higher. Trade pressures are up but declining. Volumes have turned bullish on Friday.

The 1360 target was reached with the overnight spike upward. In a uptrend, but need a few days to settle the trading range down after that wide range bar before trying any new trades.

 

SILVER_ SIN16

Weekly – Same profile as Gold. Trade pressures are up. Volumes are bullish.

Daily – Flat. Next target up is 18.52. Trade pressures are up but declining. Volumes are bullish.

Feels lower?