#copperfutures #goldfutures #silverfutures

COPPER_ HGZ18

Weekly – Remains in the  downtrend. Trade pressures are up into the neutral zone. Volumes are bullish.

Daily – Flat. Down hard early in the week following the equities down. Campaign talk drives copper and the markets higher Thursday and Friday. Trade pressures are up into the neutral zone. Volumes are bullish.

The trade down to 2.64 and the reversal back thru the 2.74 long entry puts us back in the move up. The only way to have entered that trade is on the hourly chart.

The next target up is 2.88.

A close below the same 2.68 would signal lower.

 

GOLD_ GCZ18

Weekly – Still moving up inside the longer term downtrend. Trade pressures are up into the neutral zone. Volumes are bullish.

Daily – Flat. Remains in the move up from the 1197 long entry level. Trade pressures are down into the neutral zone. Volumes are bullish.

The next target up is 1245.

The mid week move down stopped just shy of the new short entry level at 1209.

 

SILVER_ SIZ18

Weekly – Remains ion the move down to the 13.59 target. Trade pressures are down but rising. Volumes are bullish.

Daily – Flat. Remains in the move up from the 14.28 entry level. Trade pressures are up. Volumes are mixed bullish to neutral.

The mid week drop retested the entry price and then reversed to close above the 14.75 target where it had been for most of the month of October.

The next target up is 15.24.

A close below 14.12 would signal lower.