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COPPER_  HGZ18

Weekly – Consolidating around the 2.74 downside short entry level. Trade pressures are down and trending. Volumes remain bearish.

Daily – Flat. In the downtrend and still waiting for a new trigger for the long entry. Trade pressures are down. Volumes are bearish.

The next target down is 2.48.

A close above the 2,74 level is required to start a new leg up.

 

GOLD_  GCZ18

Weekly – The prior 1170 lows of 2016 seemed to be holding. Trade pressures are down and trending. Volumes remain bearish.

Daily – Flat. Remains in the May 2018 move down. Trade pressures are up into the neutral zone. Volumes are bearish.

The 1197 new long entry trigger has signaled the new up trade. However, waiting for a break above the 25×5 moving average to confirm the move up.

The next target down is 1159.

 

SILVER_  SIZ18

Weekly –  The two weeks of consolidation has failed. Trade pressures remain down. Volumes are bearish.

Daily – Flat. Remains in the move down after an attempt at a new long entry. Trade pressures remain down. Volumes are bearish.

The 14.43 downside target did not hold as support. The next target down is 13.67.

Need a close above the 25×5 moving average at 14.85 to signal a new move up.