COPPER_ HGN18  #copperfutures

Weekly – Now at support just above the the MACD crossover. Trade pressures are down into the neutral zone. Volumes are bullish.

Daily – Flat. The short trade from the 3.26 entry was stopped out at the 2nd profit stop at 3.11. Trade pressures are down. Volumes remain bearish.

At the prior low pivot of 3.01. The next target down is 2.97.

A close above 3.07 would signal higher.

 

GOLD_ GCQ18  #goldfutures

Weekly – Testing the uptrend support line. Trade pressures are sown. Volumes are bearish.

Daily – Flat. Continuing the move down from the congestion at 1300. Trade pressures are down. Volumes are neutral.

At the 1264 downside target; number two. The next target down is 1222.

A close above 1276 would signal higher.

 

SILVER_ SIN18  #silverfutures

Weekly – The long slow move sideways continues with occasional burst to the upside. Trade pressures are up but  retreating to the neutral zone. Volumes are neutral.

Daily – Flat. In the move down from the 17.00 short entry. Trade pressures are down and trending. Volumes are neutral.

The next target down is 15.98.

A close above 16.49 would signal higher.