COPPER_ HGH18  #copperfutures

Weekly – Pulling back from the 3.25 target. Trade pressures are up. Volumes are now neutral.

Daily – Short. The upside target of 3.30 has been met and the short entry of 3.24 was triggered. Trade pressures are up but turning down. Volumes are bearish.

The next target  down is 3.12.

A close above the 3.32 pivot would signal higher.

Lower the stop to the entry price at 3.24.

[1-15-18: stopped out for a break-even in Holiday trading.]

 

GOLD_ GCG18  #goldfutures

Weekly – Fifth week up. Trade pressures are up. Volumes are bullish.

Daily – Flat. Made a little money at the 1295 target. Trade pressures are up and trending. Volumes are bullish.

At the 1332 target. The next target up is 1390.

A close below 1310 would signal lower.

 

SILVER_ SIH18  #silverfutures

Weekly – Up off the double bottom at 1650. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 16.34 level. Trade pressures are up but turning down. Volumes are bearish.

The next target up is 17.49.

A close below 16.68 would signal lower.