#copperfutures #goldfutures #silverfutures
COPPER_ HGK21
Weekly – A doji high in the Jun 2020 uptrend. Trade pressures are up. Volumes are bearish.
Daily – Short. In the move down from the 3.14 short entry. Trade pressures are up but reversing. Volumes are bearish.
The next target down is 3.91.
A close back above 4.32 would signal a resumption of the move up. Use that as the stop.
GOLD_ GCJ21
Weekly – 2nd week down. Trade pressures are down. Volumes are bearish.
Daily – Flat. In the move down from the 1884 short entry. Trade pressures are down. Volumes are bearish.
The next target down is 1681.
A close above 1786 would signal higher.
SILVER_ SIK21
Weekly – Still holding steady in the side ways pattern. Trade pressures are up but reversing. Volumes remain bullish.
Daily – Flat. In the weak uptrend . Trade pressures are down. Volumes are bearish.
The next target up is the new long entry at 27.91.
The next target down is the uptrend support at 25.60.