#copperfutures #goldfutures #silverfutures

COPPER_ HGH23

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

Daily – Short. In the move down from the 4.32 [Correction: 4.26] entry on 1/19/23. Trade pressures are up but declining. Volumes are bullish  but declining.

At the over bought level. The next target down is 4.02. Oversold levels are at 3.83.

A close above the pivot high at 4.35 would signal higher. Use this as the SL.

[1/23/23: Lower SL to BE at 4.32.]

[1/25/23: Lower SL to 4.25.] [1/25/23 pm CST: Stopped out.]

 

GOLD_ GCG23

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

Daily – Flat. In the move up from the November entry at 1713. Trade pressures are up. Volumes are bullish.

The next target up is 1956. Over bought is 1945.

A close below 1913 would signal lower. Oversold levels will be 1851.

 

SILVER_ SIH23

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

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

The next target up is the 24.77 pivot high. Seeing lower highs here; look for retracement.

A close below 22.88 would signal lower.