COPPER_ HGK17  #copperfutures

Weekly – The 2.61 pivot has been broken to the downside. Trade pressures are down. Volumes are bearish.

The weekly low pivot is 2.46, then a lower target at 2.21.

Daily – Flat. In the move down from the 2.65 level. Trade pressures are down but turning up. Volumes are mixed bullish to bearish.

Have traded down thru the 2.54 target , with the next target down at 2.43.

A close above 2.58 would signal higher.

 

GOLD_ GCM17  #goldfutures

Weekly – In the second leg up. Trade pressures are up. Volumes remain bullish.

Daily – Flat. Consolidating between the 1282 and the 1305 targets. Trade pressures are up. and trending. Volumes are bullish.

The next target up is 1305. The hourly is oversold, so pressures favor a move up.

A close below 1255 would signal lower.

 

SILVER_ SIK17  #silverfutures

Weekly – In the move up. Trade pressures are up. Volumes have changed to bearish.

Daily – Flat. In a pullback, but still in uptrend. Trade pressure are down. Volumes are bearish.

The 18.55 target has acted as resistance. The next target up is 19.62.

A close below 17.72 would signal lower.