COPPER_ HGU17  #copperfutures

Weekly – At the 2.94 upside target. Trade pressures are up. Volumes are bullish. The next weekly  target up is 3.22.

Daily – Flat. In the move up from the 2.68 entry for the second leg up. Trade pressures are up but beginning a decline. Volumes are bullish.

Consolidating above the 2.86 upside target. The next daily target up is 3.00.

A close below 2.86 could signal a new move lower.

 

GOLD_ GCZ17  #goldfutures

Weekly – Global tensions have added upward momentum. Trade pressures are up. Volumes remain bullish.

Daily – Flat. Completed the move up to the 1291 Target. Trade pressures are up but declining. Volumes are bullish.

The next target up is 1304.

A close below 1275 would signal lower.

 

SILVER_ SIU17  #silverfutures

Weekly – Still in the weekly downtrend. Trade pressures are up. Volumes are now bullish.

Daily – Flat. The short trade was stopped out for an immediate loss. Trade pressures are in the neutral zone. Volumes are bullish.

This second leg up has a target of 17.91.

A close below 16.57 would signal a new move lower.