Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ21

Weekly – Remains in the June 2020 uptrend. Trade pressures are down into the neutral zone. Volumes are bullish.

Daily – Flat. In the new uptrend from the Sept 10th breakout. Trade pressures are down. Volumes are bearish.

The next target up is 4.68, the new long entry.

A close below the 200 day MA would signal lower.

 

GOLD_ GCZ21

Weekly – Testing the support of the May 2021 uptrend. Trade pressures are down. Volumes are bearing.

Daily – Flat. Stopped the out of the long trade at 1788. In the new move down from the 1779 entry. Trade pressures are down. volumes are bearish.

The next target down is 1714.

A close above 1785 would resume the move up.

 

SILVER_ SIZ21

Weekly – In the new downtrend from Aug 13th. Trade pressures are rising into the neutral zone. Volumes are bearish.

Daily – Flat. Sitting on the support line at 22.33. Trade pressures are down. Volumes are bearish.

A close above 22.82 would signal a new move up.

A close below the support line signals more downside.

[09-21-21: Long. at 2.54]

[09-22-21: Raise stop to breakeven @ 2,54.]

[09-23: stopped out for a breakeven.]