Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGH19

Weekly – Remains in the move down. Trade pressures are down. Volumes are bearish.

Daily – Flat. Still in the downtrend but showing some signs of a move up on the hourly. Trade pressures are up. Volumes are neutral.

The next target down is 2.50.

Need a close above 2.71 to signal higher.

 

GOLD_ GCG19

Weekly – In the move up and above the 200 week MA. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 1222 level. Trade pressures are up and trending. Volumes are bullish.

The next target up is 1330.

A close below 1263 would signal lower.

 

SILVER_ SIH19

Weekly – In the third week of the new uptrend/ Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 14.37 level. Trade pressures are up. Volumes are bullish.

The next target up is 16.04.

A close below 15.03 would signal lower.