Metals

COPPER_ testing the 2.41 downside target last week.

Weekly – trade pressures are down. volume is neutral.
the next weekly target down is 2.32.

Daily – Consolidating at the 2.41 target. Trade pressures are turning up.
Volume has turned neutral from bearish.

need a close above 2.52 to start a new move up.

GOLD_ trade to the 1304 target and closed below a retracement short entry.

Weekly – Trade pressures are up Volume is bullish. Appears to have bottomed at the 1142 level. However need to take out the 1426 pivot to confirm a long term up-move.

Daily – Trade pressures have turned down. Volume is bearish. The Trade is short from the 1286 entry price with a 1231 downside target.

SILVER_ trading with gold.

Weekly- Trade pressures are up. Volume is bearish. Next target down is 10.70. Need a weekly close above 21.47 to start a new move up.

Daily – Long from 15.61. The next target up is 18.22 which has been reached. In a pull back for the 18.22 target to the moving average. Trade pressures are down. Volume is neutral.