Metals

COPPER_ HGK17  #copperfutures

Weekly – Still pressing up against the resistance line. Trade pressures are down. Volumes are bearish. The 25×5 is nearby support.

Daily – Flat. In the move down from the 2.65 short entry. Trade pressures are down. Volumes are bearish.

At the 2.54 target. The next target down is 2.43.

A close above 2.62 would signal higher.

 

GOLD_ GCM17  #goldfutures

Weekly – The week closed above the resistance line. Trade pressures are up. Volumes are bullish.

Daily –  Flat. Closed at the 1282 target. Trade pressures are up. Volumes are bullish.

The next target up is 1335.

A close below 1247 would signal lower.

 

SILVER_ SIK17  #silverfutures

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

Daily – Flat. Still in the move up from the 17.48 long entry. Trade pressures are up but showing divergences. Volumes are Bullish.

The next target up is 19.62.

A close below 17.84 would signal lower.