#copperfutures #goldfutures #silverfutures
COPPER_ HGN21
Weekly – In the June 2020 uptrend. Trade pressures are up but flattening. Volumes are bearish.
Daily – Flat. In the move down and now at the 25×5 MA. Trade pressures are down hard. Volumes are bearish.
The next target down is 4.36.
A close above 4.64 would signal higher.
GOLD_ GCM21
Weekly – In new uptrend. Trade pressures are up. Volumes are bullish.
Daily – Flat. Still in the April 15th move up. Trade pressures are up. Volumes are bullish.
The next target up is 1903.
A close below 1818 would signal lower.
SILVER_ SIN21
Weekly – In the July 2020 uptrend and side ways channel. Trade pressures are up. Volumes are bearish.
Daily – In the April move up. Trade pressures are down. Volumes are bearish.
The next target up is 29.59.
A close below 23.40 would signal lower.