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COPPER_ HGH23

Weekly –  Breaks above the the downtrend resistance to form new uptrend. Trade pressures aare up. Volumes are bullish.

Daily – Flat. Missed the break above the 200day. In the move up from 3.88 on 1/6/23. Trade pressures are up and trending. Volumes are bullish.

The next target up is 4.30. The overbought levels are also 4.30.

A close below 4.16 would signal retracement. Oversold is at 3.65.

 

GOLD_ GCG23

Weekly – In the new January 2023 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 11/8/22 long entry. Trade pressures are up and trending. Volues are bullish.

The next target up is 1956. well above the 1911 over bought level.

A close below 1915 would signal a retracement. Oversold is at 1829.

 

SILVER_ SIH23

Weekly – In the December 2022 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from 21.81 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 25.14.

A close below 24.20 would signal retracement.