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COPPER_ HGH19

Weekly – Three weeks up, but still in the downtrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In a new move down triggered at the 2.76 level.. Trade pressures are down into the neutral zone. Volumes are bullish.

The 200 day Moving average is just above at 2.83. China trade talk rumors are causing volatility. The 200 day MA should be a level to short.

The next target down is 2.63.

Stops at the 2.85 prior high.

 

GOLD_ GCJ19

Weekly – Consolidating at the 1317 upside target. Trade  pressures are up. Volumes are bullish.

Daily – Flat. Stopped out of the short trade. Trade pressures are down into the neutral zone. Volumes are bullish.

The 1319 short entry is still active. Look to lower time frames for a new short entry.

The next target down is 1300.

Stops for a short will be the 1311 high pivot.

The next target up on the longer cycle is 1336.

 

SILVER_ SIH19

Weekly – Seven weeks of a slow rise. Trade pressures are up but declining. Volumes are bullish.

Daily – Flat. In a retracement move down within a move up from the 15.66 long entry. Trade pressures are down but rising. Volumes are now bullish.

The next target up is 16.41.

A close below the 15.32 level would signal lower.