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COPPER_ HGU21

Weekly – In the long move in the June 2020 uptrend. Trade pressures are up. Volumes are now neutral.

Daily – Short. In the move down from the 8/2 short entry at 4.42. Trade pressures are down but rising. Volumes are bearish.

The next target down is 4.22.

A close above 4.47 would signal higher and is the stop.

 

GOLD_ GCZ21

Weekly – Remains in the May 2021 uptrend, but testing support. Trade pressures are down into the neutral zone. Volumes are bearish.

Daily – Long. Stopped out of the earlier trade and re-entered at 1765. Trade pressures are down. Volumes are bearish.

The next target  down is 1734.

The next target up is a new long entry at 1766, which would confirm the speculative long in place.

Set the sell stops at 1755.

[08-08-21: Sunday nite session. Stopped out immediately at 1755 on the open.]

 

SILVER_ SIU21

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

Daily – Flat. In move down from the May short entry at 27.27. Trade pressures are down. Volumes are bearish.

The next target down is 22.27.

A close above 24.59 would signal higher.