COPPER_ HGK18  #copperfutures

Weekly – A long consolidation under the 3.27 weekly target. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 3.22 level. Trade pressures are down hard. Volumes are bearish.

At the 3.10 target now. The next target down is the 3.04 recent low pivot.

A close above 3.14 would restart the move up.

 

GOLD_ GCJ18  #goldfutures

Weekly – Now at the low end of the channel, at 1305. Trade pressures are down. Volumes are bullish.

Daily – Flat. In the move down from the 1349 short entry. Trade presures are dwon but rising. Volumesare bearish to neutral.

The 1302 target was touched followed by a 20 point move up the next day, Friday.

The next target down is 1265.

A close above 1332 would signal higher.

 

SILVER_ SIK18  #silverfutures

Weekly –  In the move down from the 17.66 short level. Trade pressures are dwon ans trending. Volumes are bearish.

Daily – Flat. A move up was signaled, but has failed. Trade pressures are down. Volumes are bearish.

No direction. No Trade.