#copperfutures #goldfutures #silverfutures
COPPER_ HGN22
Weekly – In the June 2020 uptrend. Trade pressures are up. Volumes are neutral.
Daily – Flat. Out of the long trade at 4.75. Trade pressures are now down. Volumes are neutral.
The next target up is 4.92.
A close below 4.68 would signal lower.
GOLD_ GCM22
Weekly – In the Feb 2022 uptrend. Trade pressures are up but turning down. Volumes are now neutral.
Daily – Flat. In the retracement move up after the sell-off from2082. Trade pressures are up. Volumes are bullish.
The next target down is 1879.
The next target up is the new long entry at 1977.
SILVER_ SIK22
Weekly – In the March 2022 uptrend. Trade pressures are up but turning down. Volumes are now neutral.
Daily – Flat. Also in the retracement up after the sell-off from 27.49. Trade pressures are up. Volumes are bullish.
The next target down is the prior pivot at 24.55.
A close above 25.97 would signal a new long trade.