COPPER_ HGH18  #copperfutures

Weekly – After a pullback to the 25×5 moving average ,now back at the 3.25 target and resistance. Trade pressures are up into the neutral zone. Volumes remain bearish.

Daily – Flat. In the move up from the 3.11 level. Trade pressures are up. Volumes are bullish.

At the 3.26 target and the downtrend resistance line. Expect consolidation.

The next target up is 3.40.

A close below 3.20 would signal lower.

 

GOLD_ GCG18  #goldfutures

Weekly – Third time back at the 1346 weekly target level. Trade pressures are up but declining. Volumes have changed from bearish to bullish.

Daily – Flat. The short trade stopped out mid week. In the move up from the 1339 level. Trade pressures are up. Volumes are mixed bullish to neutral.

The next target up is the 1370 high pivot , then 1387.

A close below the 1340 short entry level would signal lower.

 

SILVER_ SIH18 #silverfutures

Weekly – the upside retracement stalled at the 25×5 resistance level. Trade pressures are down. Volumes have changed from bearish to bullish.

Daily – Flat. Out of the short trade. In the move up from the 16.51 level. Trade pressures are up into the neutral zone. Volumes are mixed bullish to neutral.

At the 25×5 moving average resistance. The next target up is 17.40.

A close below 16.59 would signal lower.