COPPER_ HGU16

Weekly – In an uptrend. Trade pressures are up. Volumes are bullish.

Daily – Long. The long entry was triggered at the previously mentioned 2.13. Trade pressures are rising thru the neutral zone.

The 2.25 target has been met. The next target up is 2.33.

Stops are the 2.20 new short entry level.

 

GOLD_ GCQ16   [Turkey is experiencing a possible coup by the Army.]

Weekly – Consolidating around the 1351 weekly upside target. Trade pressures are up. Volumes remain neutral.

Daily – Short. The 1350 short entry was triggered on 7-12-16. Trade pressures are declining thru the neutral zone. Volumes are bearish.

The first target down is 1324 and has been reached. The next target down is 1311.

Stops at the 1350 short entry.

[7-20-16: lower stops to 1339.]

 

SILVER_ SIU16

Weekly – Still in uptrend. Trade pressures are up. Volumes have changed from bearish to bullish.

Daily – Flat. Movement is sideways. trade pressures are up and trending. Volumes remain neutral.