COPPER_ Weekly retesting of the 2.76 target as support.
Weekly – Trade pressures are down. volume is neutral.
2.64 is the next target down.
Daily – Trade pressures are up. volume remains bearish.
the 2.84 target is a consolidation area.
need a trade above 2.90 for a new long entry.
GOLD_ momentum seems to be turning up.
Weekly – the 1142 remains as support.
trade pressures are up. volume is neutral.
Daily – 1160 is the next downside target. 1200 is the next long entry.
trade pressures are up. volume is bullish.
if 1160 doesn’t hold, then 1112 is the likely target.
SILVER_ consolidating around the 15.66 support.
Weekly – the next target down is 10.70.
Trade pressures are up. volume is neutral.
Daily – at a pivot level of both a 15.61 long entry and a 15.52 short entry.
Trade pressures are down. volume is bearish.