#copperfutures #goldfutures #silverfutures

COPPER_ HGZ22

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

Daily – Flat. Breaks above the June august trendline. Trade pressures are up. Volumes are now bearish.

The next target up is 4.00.

At the 3.67 target with some room above, but expect some retracement here.

 

GOLD_ GCZ22

Weekly – In the July 2022 downtrend. Trade pressures are up but turned down with the FED speech. Volumes are now bearish.

Daily – Flat. The move up from 1751 is stopped out at the BE of 1751. Trade pressures are up, but turning down. Volumes are bearish.

The next target down is 1722.

A close back above 1755 would restart the move up.

 

SILVER_ SIZ22

Weekly – Remains in the May 2022 downtrend. Trade pressures are in the neutral zone. Volumes are bearish.

Daily – Flat. In the move down from the 19.80 on 8/17. Trade pressures are rising into the neutral zone. Volumes are bearish.

The next target down is 18.12.

A close above 19.51 would signal higher.