COPPER_ HGH17  #copperfutures

Weekly – Moved up thru resistance last week and this week pulled back to test that line. Trade pressures are up. Volumes have changed to bearish from bullish.

Daily – Flat. The long trade was stopped out at the 2.72 stop. Trade pressures are down into the neutral zone. Volumes have changed to bearish.

Down side support is 2.51.

 

GOLD_ GCJ17  #goldfutures

Weekly – At the upper boundary of the downtrend. Trade pressures are up. Volumes remain bullish. A weekly close above 1251 would change the trend.

Daily – Flat. In the move up from 1168. At the first profit target of 1235. Trade pressures are up but declining. Volumes are bullish.

The next target up is 1302.

A close below 1202 would signal lower.

 

SILVER_ SIH17  #silverfutures

Weekly – As gold, silver is also up against the downtrend resistance line. Trade pressures are up and extended. Volumes remain bullish.

Daily – Flat. In the move up from the 16.99 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 18.54.

A close below 17.33 would signal lower.