Metals

COPPER_  long term seems to be sold out.  expect a bounce.
the Daily trade is retracing up but still in the move down until the 3.45 pivot is taken out.

trade pressures are down. the longer term trade pressures are up.
the next target down is a retest of the 3.104 target.

a move about 3.385 could start the move up to 3.58.

GOLD_ the retracement up was stopped at the first target and has now resumed the down trend.
the next target down is the 1215 extended target down.

the 1321 low will be a critical test of support, but it is below the 2011 lows.

 

SILVER_ as with gold the attempt at a rally has failed. the 19.58 target remains active.

a move above the 24.81 pivot is required to get positive again.