Metals

COPPER_ HGK17  #copperfutures

Weekly – No direction. Trade pressures are down. Volumes have changed from bearish to bullish.

Daily – Flat. In the down trend. Trade pressures are down. Volumes are bearish.

Weekly in the uptrend . The daily in the down trend the creates opposing pressures. No trade.

 

GOLD_ GCK17  #goldfutures

Weekly – Still pressing up at the resistance line. Trade pressures are rising up thru the neutral zone. Volumes are neutral.

Daily – Flat. The 1229 long entry has been triggered. Trade pressures are up but rolling over. Volumes are bearish.

The Daily trade pressures are turning over; so wait for the next turn up for any long entry.

 

SILVER_ SIK17  #silverfutures

Weekly – In the weekly move up. Trade pressures are up. Volumes have changed from neutral to bullish.

Daily – Flat. In the move up from 17.48. Trade pressures are up and extended. Volumes are bullish.

Waiting for a pull back for any new long entry.