#copperfutures #goldfutures #silverfutures

COPPER_ HGZ22

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

Daily –  Flat, in the move up from the 3.49 long entry on 11/1. Trade pressures are now up. Volumes are bullish.

The next target up was the Profit Target at 3.61, which was met on Friday. Following that the next target up is 3.89. 3.61 is the overbought level.

A close below 3.53 would signal lower. 3.32 will be the oversold level. TP

 

GOLD_ GCZ22

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

Daily – Long in the move up off the oversold levels at 1629 on 11/3. Trade pressures are up. Volumes are bullish.

The overbought profit target of 1678 was met and taken on 11/4.
The next target up is 1697.

A close below 1672 would signal lower. The next oversold level is 1621.

 

SILVER_ SIZ22

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

Daily – Long, in the move up from the 19.35 long entry on 11/01. Trade pressures are up into the neutral zone. Volumes are bullish.

The next target up is 21.39. SL at the BE , 19.35. TP at 21.39.

A close below 20.63 would signal lower. SL at the 20.63.

[11-7-22: SL at 20.63 triggered.]