Metals

COPPER_

Weekly – still under the 25×5 moving average. Trade pressures are neutral but trending upward. Volume is neutral changed from bearish.

Daily – Still in the consolidation after reaching the 2.64 – 2.67 targets. Trade pressures are up but declining. Volume is bearish.

GOLD_

Weekly – Still in the channel bounded by 1129 and 1295. Trade pressures are neutral and rising. Volume remains bearish.

Daily – In the long trade off the 1142 low. The next target up is 1253.. Trade pressures are up. Volume is bullish.

SILVER_

Weekly – Sideways with neutral Trade pressures. Volume is bullish.

Daily – In the long trade from 16.33. The next target up is 18.05. Trade pressures are up. Volume has turned bullish from bearish.