#copperfutures #goldfutures #silverfutures

COPPER_ HGK21

Weekly – Remains in the June 2020 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 4.03 long entry and at the 4.28 target. Trade pressures are up and trending.  Volumes are bullish.

The next target up is 4.49.

A close below 4.11 would signal lower.

 

GOLD_ GCM21

Weekly – In the Feb 2021 downtrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Pulling back inside the move p. Trade pressures are up but turning down. Volumes are bearish.

the next target down is 1746.

Look for a bullish reversal to get back in sync with the weekly. The 25×5 should be that level foe a new long. A close below 1745 would signal lower.

 

SILVER_ SIK21

Weekly – In the May 2020 uptrend. Trade pressures are up. Volumes are bearish.

Daily – Long. Long from 25.31. Pulling back inside the move up. Trade pressures are up but reversing.

Look for a bullish reversal in the daily for the next move up. The next target up is the prior high at 26.73.

Trade stops are set at 25.55. A close below the 200 day moving average would signal lower.

[4-28-21: Take profits @ 26.02, and roll to the July contract on a pull back.]