Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGN19

Weekly – Closed just above the 2.81 weekly short entry trigger. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down and at the 2.7 downside target. Trade pressures are down but rising. Volumes are bullish.

The short trade took profits at the 2.80 level.The next target down is a retest of the 2.77 level.

A close above 2.87 would signal higher.

 

GOLD_ GCM19

Weekly – In a pull back inside the uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 1314 short entry. Trade pressures are up into the neutral zone. Volumes are bullish.

The next target down is 1262.

A close above 1304 would signal higher.

 

SILVER_ SIN19

Weekly – In the uptrend and near support. Trade pressures are down. Volumes are now bullish.

Daily – Flat. In the move down from the 15.22 short entry. Trade pressures are down but rising. Volumes are now bullish.

The next target down is 14.42.

A close above 15.09 would signal higher.