COPPER_ HGU15

Weekly – consolidating around the 2.30 target area. Trade pressures are down. Volume remains bearish.

Daily – Traded down to the 2.25 target. One day of bullish volume mid week then back to bearish volume at the Friday’s close. Trade pressures are down.

Trade is flat. Need a close above 2.38 to start a new move up.

GOLD_ YGZ15

Weekly – In a move up to test the 25×5 moving average. Trade pressures are up. Weekly Volume is bullish.

Daily  –  Long from the 8-12-15 1108 entry price. Trade pressures are up. Volume remains bullish. At the 1165 target. The next target up is 1216. Expect some resistance here at 1165.

Stops at 1130. The next short entry is 1131.

SILVER_ YIU15

Weekly – Weekly price still consolidating at the 14.10 lows. Trade pressures are down. Volume is bullish.

Daily – Flat. The long trade was triggered at 14.83 and then stopped out six days later at the entry price. Trade pressures are up but falling. Volume has turned bearish from bullish. Look for a pullback into the low 14’s before a new long entry can be taken.