Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGK21

Weekly – Still in uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Reached the 3.91 downside target. Trade pressures are down but rising. Volumes are bearish.

The next target down is the 3.78 uptrend support line.

A close above 4.17 would signal higher.

 

GOLD_ GCJ21

Weekly – In the downtrend for three weeks. Trade pressures are down for seven weeks. Volumes remain bearish.

Daily – Flat. At the down trend line. Trade pressures are down and trending. Volumes are bearish.

The next target down is 1634.

A close above 1724 would signal a retracement higher.

 

SILVER_ SIK21

Weekly – Now in the downtrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 27.43 short entry. Trade pressures are down. Volumes are bearish.

The net target down is 24.06.

A close above 26.84 would signal higher.