COPPER_ HGU17  #copperfutures

Weekly – Large move up for the week. Trade pressures are up. Volumes are bullish.

Daily – Flat. Moved off the 2.72 consolidation with some strength. Trade pressures are up. Volumes are bullish.

Trade quickly up thru the 2.83 target which is now acting as support.

The next target up is the weekly 3.14 level.

A close below 2.81 would signal lower.

 

GOLD_ GCQ17  #goldfutures

Weekly – Remains in the uptrend. Trade pressures are up and extended. Volumes are bullish.

Daily – Long. In the move up from the 1225 level. Trade pressures are up. Volumes are bullish.

The next target up is the 1291 level.

A close below 1254 would signal lower.

Use that 1254 level as the Stop.

 

SILVER_ SIU17  #silverfutures

Weekly – Still rallying but inside the weekly downtrend. Trade pressures are up. Volumes have changed from neutral back to bullish.

Daily – Flat. In the move up from 15.80. Trade pressures are up. Volumes are bullish.

Testing the 16.87 target.

The next target up is 17.87.

A close below 16.18 would signal lower.