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COPPER_ HGU22

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

Daily – Flat. In the move up from the 3.34 entry on 7/26. Trade pressures are up. Volumes are bullish.

The next target up is the 3.71 prior high pivot.

Price is at the 3.67 target, expect retracement and consolidation here. A close below 3.63 would signal lower.

 

GOLD_ GCZ22

Weekly – In the July 2022 downtrend. Trade pressures are rising up thru the neutral zone. Volumes are now bullish.

Daily – Flat. In the move up from the 1766 long entry on 7/28. Trade pressures are up but showing divergence. Volumes are bullish.

Just breaking above the 2 hour resistance. The next target up is 1845. Showing uptrend over-bot.

A close below 1798 would signal lower.

 

SILVER_ SIU22

Weekly – In the May 2022 downtrend. Trade pressures are up into the neutral zone. Volumes are now bullish.

Daily – Flat. In the move up from the 7/28 long entry at 19.44. Trade pressures are up. Volumes are bullish.

The next target up is 20.98.

A close below 20.43 would signal lower. Use 20.53 as the SL.