COPPER_ HGH17  #copperfutures

Weekly – A retest of the spike high of two weeks ago. Trade pressures are up and extended. Volumes remain neutral.

Daily – Flat. At the pivot point  of a entry up and a entry down. Trade pressures are up but declining. Volumes are mixed neutral to bullish.

The hourly is showing downward pressures.

 

GOLD_ GCG17  #goldfutures

Weekly – Still in the move down from 1326. The next weekly target down is 1129.  Trade pressures are down. Volumes remain bearish.

Daily – Flat. At the daily downside target of 1170. Trade pressures are down and extended. Volumes have changed to neutral.

The next target down is 1082. However, the weekly target is more likely.

A close above 1203 would signal higher.

 

SILVER_  SIH17  #silverfutures

Weekly – Third week into the new downtrend. Trade pressures are declining but still in the neutral zone. Volumes remain bearish.

Daily –  Flat. Consolidating at the 16.50 downside target. Trade pressures are down but turning up. Volumes are mixed neutral to bullish.

The next target down is 14.91.

A close above 17.49 could signal higher.