#copperfutures #goldfutures #silverfutures

COPPER_ HGU21

Weekly – In the June 2020 uptrend. Trade pressures are down but rising. Volumes are bearish.

Daily – Long. In the move up from the 7/12 entry at 4.33. Trade pressures are up. Volumes are bullish.

The next target up is 4.38. Resistance at 4.34, then a further move up.

A close below 4.25 would stop the trade out.
[07-19-21: stopped the long trade.]

 

GOLD_ GCQ21

Weekly – In the Mat uptrend. Trade pressures are now up. Volume are neutral.

Daily – Long. In the new long from the 7/14 new long entry at 1810. Trade pressures are up. Volumes are bullish.

The next target up is 1870.

A close below 1798 would signal lower and stop out this long trade.

[08-06-21: Stopped out oat the 1798 for a loss. Re-Entered at 1765 on the December contract, GCZ21.]

 

SILVER_ SIU21

Weekly – Continues to move sideways in the May 2020 uptrend. Trade pressures are down. Volumes remain bearish.

Daily – Flat. In the move down from the May short entry at 27.40. Trade pressures are now up. Volumes are bullish.

The next target down is 25.58, the prior low.

A close above 26.86 would signal higher.