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.