Metals

Sunday nite – Spain is granted 125B euros as bank recap funds

COPPER_ up 8 cents, moving up on the second leg to the long entry price of 3.4273.
time pressure remain down thru June 25th. trade pressures have turned up.
next target up is 3.71. stops at 3.21

GOLD_ just entered upward time pressures on June 1st. 1593 was the long entry price. 1691 is the next target up.
1527 is the stop.  still have a short target of 1515.
Hard to see what moves gold up while the Euro crisis eases.

SILVER_ has traded down to the short target of 27.76. and the stops below that level were tested .
the first move up to the long entry of 29.56 was completed. the pullback from there has setup the second leg up.
Time and trade pressures are up.