Precious Metals FUTURES Update

Still looking very strong with Dollar weakness and Oil trading higher.

Gold April looks ready to test the $700 level in the days to come.
We are currently at overbought level and a test of the 685/80 support would not damage the Bullish picture.

May copper had a very nice run the last three sessions from 257cents/lb after testing the 290 level on Traders betting the demand will accelerate with the end of the Chinese New Year.

Short Term we are looking to Sell May Copper around 290/292 with Target at 280.
Stop above 295.