COPPER_ HGN16

Weekly – In the downtrend. Trade pressures are down but rising. Volumes are changed from bearish to neutral.

Daily – Long. The long entry is 2.09. Trade pressures are rising into neutral. Volumes are bullish.

The next target up is 2.15.

Stops set at the 2.03 lows.

[6-3-16: Raise stops to 2.09, the entry price.]

[6-3-16: Small AM sell off with jobs report, raise stops to 2.1080.]

[And the stops were triggered one hour later for a small profit.]

 

GOLD_ GCQ16

Weekly – In a move down inside the the uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. Took the profit at the 1224 target. Trade pressure are down and extended. Volumes remain bearish.

The next target down is 1175. If long the stops are 1224.

 

SILVER_ SIN16

Weekly – In the move down inside the uptrend. Trade pressures are down. Volumes remain bearish.

Daily – Flat. In the move down. Trade pressure are down and extended. Volumes remain bearish.

The next target down is 15.29. Stops at 16.35.