#copperfutures #goldfutures #silverfutures
COPPER_ HGZ21
Weekly – In the June 2020 uptrend. Trade pressures are up. Volumes are bullish.
Daily – Flat. In the bull flag since May 2021. Trade pressures are up. Volumes are bullish.
In the move up from the 4.31 long entry. The next target up is 4.48 which should be resistance,
A close below 4.41 would signal lower.
GOLD_ GCZ21
Weekly – In the long downtrend from the August 2020 highs. Trade pressures are down into the neutral zone. Volumes are neutral.
Daily – Long. In the move up from the 1738 entry level. Trade pressures are down but reversing. Volumes are bearish.
The next trade up is the 1836 prior high. Need a trade above the 1866 resistance to get a new move going.
A close below 1788 would signal lower. Use that as the stop.
[9-13-21: Touched stop and turned higher, still long.]
[9-14-21: second trip down thru 1788. stopped out.]
SILVER_ SIZ21
Weekly – New downtrend started August 13th. Trade pressures are down but rising into the neutral zone. Volumes are still bearish.
Daily – Long. Waiting for a pullback to enter. Trade pressures are down. Volumes are bearish.
Enter the long below 23.00.
A close blow 22.34 will break strong support. use that as stop.