COPPER_ HGZ15

Weekly – Next target down is 2.01, Trade pressures remain down. Volume has returned to bearish from the prior week’s’ bullish reading.

Daily – Long from the 2.32 entry level. Traded above the 25×5 moving average and up to the weekly long confirmation price level; then backed off without a close above that weekly level. Trade pressures are still up. Volume changed to neutral at the Friday close.

Next target up is 2.53.

Stops have been raised to 2.24.

GOLD_ GCZ15

Weekly – Trade pressures are up . Volume has turned to neutral for bearish. Next weekly target down remains 1047.

Daily – Flat. No Trade. A prior long entry was stopped out at 1130 which also coincided with the trade pressures turning down. Volume is also bearish.

A new short entry would be signaled with a pullback above the 1133 level and a subsequent close below 1133.

SILVER_ YIZ15

Weekly – Trade pressures are flat No direction. Volume is now bearish.

Daily –  Flat. no trade. Trade pressures are down. Volume has changed fro bullish to neutral.