COPPER_  HGZ17  #copperfutures

Weekly – An engulfing bar suggesting a reversal. Trade pressure are up. Volumes have changed from bullish to bearish. The next weekly target up remains 3.22.

Daily –  Short. In the move down from 3.08. Trade pressures are up but declining. Volumes are now bearish.

The 3.17 high was just short of the remaining daily target up of 3.22.

The next target down is 2.98.

Set the stop at 3.17.

[9-12-17: Lower stops to the 3.08 short entry]

[9-14-17: Lower stops to 3.02.]

 

GOLD_ GCZ17  #goldfutures

Weekly – Continuing the move up after the breakout. Trade pressures are up. Volumes are bullish. 1403 would test the 2016 highs.

Daily – Flat. In the move up from the 1249 entry price. Trade pressures are up. Volumes remain bullish.

The next target up is 1375.

A close below 1318 would signal lower.

 

SILVER SIZ17  #silverfutures

Weekly – Remains in the downtrend, but having a nice rally. Trade pressures are up Volumes are bullish.

Daily – Flat. In consolidation above the 17.99 upside target. Trade pressures are up. Volumes are bullish.

The next target up is 18.71.

A close below 17.66 would signal lower.