Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGH23

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

Daily – Short. In the move down from the 4.22 short entry on Jan 19. Trade pressures are down. Volumes are bearish..

The next target down is 4.02. Oversold levels are at 4.08.

A close above 4.13 would signal higher. Overbought is at 4.34.

 

GOLD_ GCJ23

Weekly – In the January 2023 uptrend. Trade pressures are up but turning down. Volumes are now bearish.

Daily – Short., in the February 2nd short entry at 1946. Trade pressures are down. Volumes are now bearish.

The next target down is 1926. Oversold levels are 1895.

A close above 1909 would signal higher. Overbought target is 1951.

 

SILVER_ SIH23

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

Daily – Flat. The close below 22.88 signals lower. Trade pressures are down. Volumes are bearish.

The next target down is 22.21. Oversold is at 21.28.

A close above 23.13 would signal higher. The expected price target is then 25.14.

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