Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGH22

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

Daily – Long. In the new move up from the 4.32 level. Trade pressures are down into the neutral zone.

The next target up is 4.54.

A close below the 4.35 level would signal lower.

[1-6-22: stopped out at 4.35.]

 

GOLD_ GCM22

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

Daily – Long. In the move up from the 1796 long entry on Dec 22nd. Trade pressures are up into the neutral zone. Volumes are bullish.

The next target up is 1835.

A close below 1815 would signal lower.

[1-6-22: Stopped out at the open,  1810 SL. Look for re-entry at the 1760 level.]

 

SILVER_ SIH22

Weekly – In the August 2021 downtrend. Trade pressures are up inot the neutral zone. Volumes are now neutral.

Daily – Flat. In the move up from the 22.43 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 23.45.

A close below 23.02 would signal lower.