COOPER_ HGH16

Weekly – Trading around the lows. Trade pressures are down but rising. Volumes are bullish.

Daily –  Long. The 2.00 entry price sets up a first profit target of 2.11. Trade pressures are up. Volumes are bullish.

Stops are at the entry price – 2.00.

[Feb 3 2016: raise stops to 2.10]

 

GOLD_ GCJ16

Weekly – Still in a downtrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Took the profit at the the contract close. Trade pressures are up. Volumes have turned to neutral. Lower highs on the indicators.

Look for a pullback for a possible reentry.

 

SILVER_ SIH16

Weekly – Still in the downtrend. Trade pressures are neutral and rising. volumes are neutral.

Daily – Flat. Last week triggered the 14.30 long entry. But the indicators were over bot. Trade pressures are up but declining. Volumes are neutral.

Once the cycle is complete, then a new move up thru the triggered could signal a new long.