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COPPER_ HGH19

Weekly – A trade tariff settlement rally week. Trade pressures are up. Volumes are Bullish.

Daily – Flat. In the move after a breakout of the 200 day MA. Trade pressures are up. Volumes are bullish.

The prior week’s look for new shorts was a mistake. The upper time frame (weekly) pressures were decidedly bullish; should not have ignored that reality.

The move up from the 2.72 long entry continues. The next target up is 2.99.

A close below 2.89 would signal lower.

 

GOLD_ GCJ19

Weekly – Traded above the 1317 upside target level. Trade pressures are up. Volumes closed the week as bearish.

Daily – Flat. Price traded above the 1336 target level. Trade pressures are up but turning down. Volumes are neutral.

The next target up is the weekly 1402 level.

A close below the 1313 level would signal lower.

 

SILVER_ SIH19

Weekly – In a long move up form the Dec 24th lows. Trade pressures are up. Volumes are now bearish.

Daily – Flat. Two attempts at a break above the 16.20 level have failed. Trade pressures are up but turning over. Volumes are neutral.

In the move up off the 15.80 long entry level. The next target up is 16.41.

A close below 15.33 would signal lower.