COPPER_ HGZ17  #copperfutures

Weekly – In the retracement after meeting the 3.23 weekly target. Trade pressures are up. Volumes are bearish.

Daily – Flat. In the move down from the 3.15 short entry level. Trade pressures are up but turning down. Volumes have changed to bearish.

The next target down is 3.02.

A close above 3.21 would signal higher.

 

GOLD_ GCZ17  #goldfutures

Weekly – Traded up to the Oct 2016 highs and now in retracement. Trade pressures are down. Volumes are bearish.

Daily – Flat.  At the early October pivot of 1263. Trade pressures are down. Volumes are  Bearish.

The next target down is 1248.

A close above 1298 would signal higher.

 

SILVER_ SIZ17  #silverfutures

Weekly – In consolidation at the weekly long entry. Trade pressures are down into the neutral zone. Volumes are bearish.

Daily – Flat. In the move up from the break above the 17.06 long entry. Trade pressures are down. Volumes are bearish.

The next target up is 17.87.

This retracement down has reached support at 16.75.

A close below 16.29 would signal lower.