#copperfutures #goldfutures #silverfutures

COPPER_ HGN22

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

Daily – Short. In the new move down from the 4.72 short entry on 4/7. Trade pressures are are rising into the neutral zone. Volumes are bearish.

The next target down is 4.57, which is the low end of the risk range. Take profits there.

A close above 4.76 would signal higher.

This trade is a speculative trade against the weekly trade pressures; so tight stops , use 4.76 as the SL.

[4-41-22: Lower the stop to 4.72, the breakeven.]

[4-12-22: Stopped out at breakeven.]

 

GOLD_ GCM22

Weekly – In the May 2021 uptrend. Trade pressures are down into the neutral zone. Volumes are bullish.

Daily – Flat. Still showing lower highs. Trade pressures are up and extended. Volumes are bullish.

The next target down is 1879.

A close above the 1972 prior high would signal higher.

[4-12-22: Long at 1972. Set SL at 1938.]

[4-13-22: Raise stops to breakeven, 1972] [ noon, now at high end of the range. raise stops to 1981.]

 

SILVER_ SIK22

Weekly – In the March 2022 uptrend. Trade pressures are down. Volumes are bullish.

Daily – Flat. In the move down from 26.46 on 3/9. Trade pressures are up. Volumes remain neutral.

The next target down is 23.37.

A close above 25.47 would signal a new move up.

[4-12-22: Long at 25.47. Set the SL at 25.02.]

[4-13-22: Raise stops to breakeven, 25.47.]

[4-14-22: stopped out at a breakeven.]