COPPER_ HGN17  #copperfutures

Weekly – Remains in the uptrend. Trade pressures are up. Volumes have changed from bearish to neutral.

Daily –  Long. In the new long trade from the 2.56 entry. Trade pressures are rising into the neutral zone. Volumes are bullish.

The Daily still is in the downtrend until a close above 2.62. May raise stops soon.

The stops are 2.47.

[5-23-17: raise stops to 2.56, the entry price.]

[5-24-17: Stops triggered. Flat.]

 

GOLD_ GCM17  #goldfutures

Weekly – In the uptrend. Trade pressures are down but rising. Volumes have changed to bullish.

Daily – Flat. In the up move from 1231. Trade pressures are up into the neutral zone. Volumes are mixed, bearish to bullish.

The next target down is 1182.

The next target up is 1263.

 

SILVER_ SIN17  #silverfutures

Weekly – Remains in the downtrend. Trade pressures are down but turning up. Volumes have changed from bearish to neutral.

Daily – Long. In the new long trade from 16.72. Trade pressures are down but rising near the neutral zone. Volumes are mixed, bullish, bearish, then neutral.

The next target up is 17.86.

Stops are the low pivot at 16.06. Raise the stops to the Thursday low of 16.43.

[5-23-17: raise stops the 16.72 entry price.]