COPPER_ HGZ17 #copperfutures
Weekly – Eight up weeks in a row. Trade pressures are up. Volumes remain bullish. The next weekly target up is 3.22.
Daily – Flat. In the move up from 2.68, Trade pressures are up but showing some divergence. Volumes are bullish.
The next level up is 3.23.
A close below 3.04 would signal lower.
GOLD_ GCZ17 #goldfutures
Weekly – A Breakout of the channel top at 1300. Trade pressures are up. Volumes are bullish.
Daily – Flat. Trade pressures are up but with lower highs. Volumes remain bullish.
The next target up is 1341.
A close 1290 would signal lower.
SILVER_ SIZ17 #silverfutures
Weekly – A two week rally in the downtrend. Trade pressures are up. Volumes are bullish.
Daily – Flat. In the move up from 16.61. Trade pressures are up but showing divergences. Volumes remain bullish.
The next target up is 17.99.
A close below 17.20 would signal lower.