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COPPER_ HGZ22

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

Daily – Flat. In the move up inside the longer term downtrend trend. Trade pressures are down. Volumes are now bearish.

The next target down is 3.32. 3.28 is the over-sold level.

A close above 3.49 would signal higher. The over-bot area is now 3.55.

 

GOLD_ GCZ22

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

Daily – Long. In the new move up from the 1653 entry price. Trade pressures are down. Volumes are now bearish.

1628 is the oversold level. Look for an entry in this range. The next target up is the entry price and then 1685. 1678 is the oversold level. Take profits at this level.

A close below 1621 would signal lower. Use as SL.

 

SILVER_ SIZ22

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

Daily – Flat. In the move down from the 20.42 short entry on 10/7. Trade pressures are down. Volumes are bullish.

The next target down is a retest of the 17.76 target.

A close above 19.35. would signal higher. 20.36 is resistance.