Metals

COPPER_ HGZ15

Weekly – In the down move after the break of the 2.31 support. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down. The 2.17 downside target has been reached, price is consolidating here. The next target down is 2.04. Trade pressures are down. Volume is bearish.

Need a close above 2.23 to enter a new long.

 

GOLD_ GCZ15

Weekly – Retesting the July lows. Trade pressures are down. Volume is bearish.

Daily – Flat. Still in the down-move. the 1075 target has been reached. Trade pressures are down. Volume had one day of bullish volume at the lows but closed as bearish on Friday.

Need a close above 1095 to establish a new long.

 

SILVER_ YIZ15

Weekly – In the downtrend. Still in consolidation at these lows. Trade pressures are down. Volume is bearish.

Daily –  Flat. In a move down from the 15.38 short entry signal. Next target is 13.88 and the pivot low at 13.94.

Trade pressures are down. Volume is bearish.

Need a close above 14.71 to establish a new long position.