Metals

as the dollar declines both industrial and precious metals rise in dollar terms.

Copper –
copper tested the old high three times and finally broke thru yesterday.  this voids the previous down move signal.
this new upmove from 3.54 has a first target of 3.69.

a move below yesterday’s low of 3.47 will signal a new move down to 3.35.

GOLD- everyones loves gold.  all pressures are very extended on the upside.

the break above 1268 signaled higher.  the next target up is 1305.
a move below 1271 is required to generate a sell signal.