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COPPERR_ HGU22

Weekly – In the May 2022 downtrend. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. In the move up from the 3.35 long entry on 7/25. Trade pressures are rising into the neutral zone. Volumes are bullish.

Friday had a break out of the small bull flag at 3.51. Need a pullback to relieve the overbought pressures.

A close below 3.47 signals lower. Use this the SL.

 

GOLD_ GCZ22

Weekly – In the July 2022 downtrend. Trade pressures are rising into the neutral zone. Volumes are neutral.

Daily – Flat. In the move up from the July 29th entry at 1766. Trade pressures are up but pointing down. Volumes are now bearish.

The next target up is 1845. Over bought. Need a reversal of the trade pressures to re-enter.

A close below 1777 would signal lower. Use that as a SL.

 

SILVER_ SIU22

Weekly – In the May 2022 downtrend. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. In the move up from the 19.33. Trade pressures are down. Volumes are bearish.

The next target up is 20.15. Need a trade pressure reversal to re-enter; below 19.00 would relieve the over bought pressure.