Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ21

Weekly – In the June 2020 uptrend. Trade pressures are down. Volumes are bullish.

Daily – Flat. In the bull channel moving down from May. Trade pressures are up. Volumes are bullish.

The next target up is 4.68.

A close below the channel at 3.97 would signal lower.

 

GOLD_ GCZ21

Weekly – In the may 2021 up trend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 1779 short entry. Trade pressures are down. Volumes are bearish.

The next target down is 1714.

A close above 1792 would signal higher.

 

SILVER_ SIZ21

Weekly – In the August 2021 downtrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. The 22.54 long entry was stopped out at a breakeven. Trade pressures are up into the neutral zone.

The next target down is the 22.02 low pivot.

A close above 22.54 would signal a new move up.