COPPER_
The expected break occurred to the downside and is now consolidating.
Weekly – trade pressures are down. volume is neutral.
Price is below the 2.94 target. the next target down is 2.64.
Daily – trade pressures are up. volume is bullish.
After the spike down thru the 2.82 target, now long from the 2.88 entry price.
the next target up is 3.05.
2.77 stops the trade.
GOLD_
Weekly – trade pressures are up. volume is bullish.
the 1142 target seems to have held. need a close above 1426 to resume the 2009-2011 long cycle uptrade
Daily – trade pressures have turned down. volume remains bullish.
the 1237 target was reached and acted as resistance. the next target up is 1304.
a close below 1209 would signal lower.
SILVER_
Weekly – trade pressures are turning up. volume is bullish.
Consolidating around the 16.25 target. the next target down is 10.70.
Daily – Trade pressures are up. volume is bullish.
in the long trade from 15.61, the next target up is 18.22.
stops at the entry price.