#copperfutures #goldfutures #silverfutures

COPPER_ HGZ21

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

Daily – Long, in the move up from the 4.27 entry on 10/11. Trade pressures are down. Volumes are bearish.

The next target down is the 200 day MA at 4.25.  Set the stop at Fridays low of 4.33.

A close above 4.52 would signal higher.

 

GOLD_ GCZ21

Weekly – In the May 2021 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Had the close above 1800 but immediately reversed. Trade pressures are down. Volumes are bearish.

The next target down is the 1771 25×5 MA.

A close above 1810 is now the breakout trade trigger.

 

SILVER_ SIZ21

Weekly – In the August 2021 downtrend. Trade pressures are up. Volumes are bullish.

Daily – Long. In the move up from the 23.38 trigger on 10-18. Trade pressures are down. Volumes are bearish.

The next target down is 23.13.  Set the stop at the breakeven , 23.38.

Need a close above 24.42 to get the second leg up started.