COPPER_ HGH18  #copperfutures

Weekly – The 3.35 resistance help and the move down has begun. Trade pressures are down. Volumes have changed from neutral to bearish.

Daily – Short. In the move down from the 3.24 short entry. Trade pressures are down. Volumes are bearish.

The next target down is 2.98.

A close above 3.11 would signal higher.

Set the stops at 3.11.

[2-13-18: stopped out at the 3.11 stop.]

 

GOLD_ GCJ18  #goldfutures

Weekly – Second week down after the double top. Trade pressures are up but declining. Volumes have turned from neutral to bearish.

Daily – Short. In the move down from the 1340 short entry. Trade pressures are down. Volumes are bearish.

The next target down is 1291.

A close above 1339 would signal higher.

Set the stops at the 1340 entry price.

[2-13-18: lowered stops to 1330. stopped out.]

 

SILVER_ SIH18  #silverfutures

Weekly – In the similar move down as Gold. Trade pressures are down. Volumes are bearish.

Daily – Flat. Stopped out early in the short trade. Trade pressures are down. Volumes are bearish.

The next target down is 16.003.

A close above 16.61 would signal higher.