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COPPER_ HGZ18

Weekly – Seems poised for a breakout to the upside. Trade pressures are up into the neutral zone. Volumes are bullish.

Daily – Flat. In the move up from the 2.74 level but also in consolidation. Trade pressures are down. Volumes are bearish to neutral.

2.68 is support. Watch this level for a reversal to the up side and a new long entry.

A close below this 2.68 would signal lower.

 

GOLD_ GCZ18

Weekly – Two weeks off the 1170 bottom. Trade pressures are down but rising. Volumes are bullish. Still below the 25×5 moving average.

Daily – Flat. The breakout on 10-11 was on large volume. Trade pressures are up. Volumes are bullish.

In the move up from the 1197 long entry price. The next target up is 1237.

A close below 1208 at the 25×5 would signal lower.

 

SILVER_ SIZ18

Weekly – Consolidating at the weekly lows just above the 13.59 downside target level. Trade pressures are down and turning up. Volumes are neutral to bullish.

Daily –  Flat. In a new move up off the 14.45 long entry level. Trade pressures are up but have turned down. Volumes are neutral to bullish.

Look to the hourly for an entry at a close above 14.71. The next target up is 15.24.

A close below the 25×5 would signal lower.