COPPER_ HGZ17  #copperfutures

Weekly – Making another move toward the the weekly target of 3.23. Trade pressures are down in the neutral zone. Volumes have changed from neutral top bullish.

Daily – Long. The move up thru the 3.09 level on 11-20 has restarted the move up. Trade pressures are up. Volumes are now bullish.

The next target up is 3.18.

The stop is the 3.03 low pivot.

11-27-17: raise the stop to the long entry of 3.09.

11-29-17: stopped out at break even.

 

GOLD_ GCZ17  #goldfutures

Weekly – The 25×5 moving average has held while price consolidates. Trade pressures are up. Volumes are bullish.

Daily – Flat. 1298 remains the next long entry . Trade pressure are rising into the neutral zone. Volumes are bullish.

Support is still at the 1265 level.

 

SILVER_ SIZ17  #silverfutures

Weekly – As is gold, Silver is consolidating at the 25×5 moving average. Trade pressures are up but rolling over. Volumesa re now neutral.

Daily – Flat. The 17.06 long entry has not produced any momentum. Trade pressures are still in the neutral zone. volumes returned to bearish.

The next target up is 17.49.

A close below 16.57 restarts the move down.