Metals

Gold – the weekly is in the down move from 1384 to 1314.
trade pressures are down and showing divergence.
Daily – short entry price is 1368 with the first target of 1304 .

SLW –  in the trade down to 34.94.  trade pressures extended down, so look for a move up.
a trade thru 39.08 would signal a new move up to 47.55.

Copper – The industrial metals have diverged from the precious metals.  copper has risen to its 4.285 target while gold is retracing.  next target up is 4.43.  But now entering the weekly downward time pressures and trade are showing some divergence.
Daily – in the up trade from 3.83 with the next target at 4.50.  Trade pressures weakening and time pressures are now down.