#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.