COPPER_ HGK18  #copperfutures

Weekly – The equity rally stopped the move down. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 3.22 level. Trade pressures are down but rising. Volumes are now bullish.

The next target down is 2.99.

A close above 3.16 would signal higher.

 

GOLD_ GCJ18  #goldfutures

Weekly – The 25×5 moving average is flat. Trade pressures are down. Volumes are bullish.

Daily – Flat. The new move up was triggered at 1332, then pulled back. Trade pressures are down. Volumes are neutral.

A close above the 1329 level would signal higher again.

The next target up is 1364, the prior pivot high.

A close below 1303 would signal lower. Use this level as a stop.

 

SILVER_ SIK18  #silverfutures

Weekly – Trending sideways to down. Trade pressures are down and trending. Volumes are bearish.

Daily – Flat. Series of wide ranging bars. Trade pressures are down Volumes are bearish.

Again, no trade.