#copperfutures #goldfutures #silverfutures

COPPER_ HGH23

Weekly – In the January 2023 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Short. In the move down from the 4.22 short entry on Jan 19. Trade pressures are down into the neutral zone. Volumes are neutral.

The next target down is 4.08. Oversold levels are at 4.03

A close above 4.27 would signal higher. Overbought is at 4.30.

 

GOLD_ GCJ23

Weekly – In the January 2023 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Long, in the Nov 30th long entry at 1790. Trade pressures are down into the neutral zone. Volumes are now bearish.

Overbought at 1949. The next target up is 2030.

The close below 1946 has begun a retracement of the long trade. The next target down is 1926. overbought levels are 1877.

 

SILVER_ SIH23

Weekly – In the December 2022 uptrend. Trade pressures are up but declining. Volumes are now bearish.

Daily – Flat. In the move up from the November long entry at 21.81. Trade pressures are down. Volumes are bearish.

The next target up remains the 24.77 pivot high. Still seeing lower highs here; look for retracement.

A close below 22.88 would signal lower.