COPPER_ HGZ16  #copperfutures

Weekly – Rising into the downtrend resistance. Trade pressures are up. Volumes have changed to bullish from bearish.

Daily – Long. Still in the long trade from 2.13. Trade pressures are up and beginning to be extended. Volumes are bullish.

The next profit target up is 2.23.

Stops are at the entry price of 2.13.

 

GOLD_ GCZ16  #goldfutures

Weekly – Still in the uptrend, pulling back from a prior target at 1368. Trade pressures are down but turning up. Volumes have changed from bearish to neutral.

Daily – Flat. Second time thru the long entry price of 1347 is approaching. Trade pressures are up. Volumes are bullish.

Hourly is moving down, wait for a reversal to enter.

 

SILVER_ SIZ16  #silverfutures

Weekly – Remains in the uptrend. Trade pressures are rising in the neutral zone. Volumes have changed from bearish to bullish.

Daily – Flat. Have closed above the 19.72 long entry price for the second time. Trade pressures are up. Volumes have changed from bullish to neutral.

The hourly oscillator is moving down. Watch for a bullish reversal to enter the trade.