COPPER_ HGHK18  #copperfutures

Weekly – Broke down thru the 25×5 moving average line and now near the uptrend support line. Trade pressures are down. Volumes remain bearish.

Daily – Flat. Hard down this week to the 2.99 target. Trade pressures are down. Volumes are bearish.

The next target down is the 2.91. level at the median line.

A close above 3.06 would signal higher.

 

GOLD_ GCJ18  #goldfutures

Weekly – Back up near the multiple top level at 1361. Trade pressures are down but rising into the neutral zone. Volumes are now bullish.

Daily – Flat. In the move up from the 1329 level. Trade pressures are up. Volumes are mixed neutral to now bullish.

The next target up is 1364.

Support is at 1325, the 25×5 moving average.

 

SILVER_ SIK18  #silverfutures

Weekly – Remains in the year long downtrend. Trade pressures are down but rising. Volumes remain bearish.

Daily – Long. Tested the lows and rebounded with gold. Trade pressures are up. Volumes are now neutral.

The 16.58 level is the new long entry and price is just there now.

The next target up is 17.36.

Stops are at the 16.10 lows.

[3-26-18: quick start to the long silver trade. Raise the stops to break-even @ 16.58.]

[3-27-18: Out of silver at the 16.58 break-even.]