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COPPER_ HGU22
Weekly – In the May 2022 downtrend. Trade pressures are in the neutral zone. Volumes are neutral.
Daily – Flat. Consolidating at the 3.69 target. Trade pressures are up into the neutral zone. Volumes are neutral.
The next target up is 3.71.
A close below 3.60 would signal lower.
GOLD_ GCZ22
Weekly – In the July 2022 downtrend. Trade pressures are up. Volumes are neutral.
Daily – Short. In the move down from the 1773 short entry. Trade pressures are down. Volumes are bearish.
The next target down is 1722.
A close above 1770 would signal higher. Use 1770 as the SL.
[8-22-22: take profits near the 1722. New long entry/SL at 1751.]
SILVER_ SIU22
Weekly – In the May 2022 downtrend. Trade pressures are up. Volumes are bullish.
Daily – Short. In the new move down from the 19.72 short entry on 8/17. Trade pressures are down Volumes are bearish.
The next target down is 18.58.
A close above 19.34 would signal higher: use this as a SL.