COPPER_ HGH18  #copperfutures

Weekly – The trade up thru the weekly 3.25 level has stalled. Trade pressures are up. Volumes have changed from bullish to neutral.

Daily – Short. The close below the 3.24 short entry level has triggered the new move down. Trade pressures are up but rolling over. Volumes have changed to bearish.

The next target down is 3.15.

A close above 3.30 would signal higher.

Use 3.30 as the buy stop.

 

GOLD_ GCG18  #goldfutures

Weekly – Remains in the move up from 1255. Trade pressures are up. Volumes are bullish.

Daily – Flat. Trade pressures are up and extended. Volumes are bullish.

The long trade was stopped out at the prior high pivot. the next target up is 1332.

A close below 1297 would signal a new move down.

 

SILVER_ SIH18  #silverfutures

Weekly – Remains in the down trend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Trade pressures are up and extended. Volumes are bullish.

The next target up is 17.49.

A close below 16.43 would signal lower.