#copperfutures #goldfutures #silverfutures

COPPER_ HGK24

Weekly – Remains in the December 2023 uptrend. Trade pressures remain up. Volumes are now bearish.

Daily – Long, from the 3/31 entry at 4.05.  Trade pressures are up.  Volumes are bullish.

The next target up is 4.30.  The expected overbought levels are 4.26.

A close below 4.17 would signal lower.  The expected oversold levels are 4.00.

[3-31-24: Long entry. Closed above 4.05. Set stop at 3.99.]

[4-6-24: Raise SL to 4.17. Take profits at 4.30. ]

 

GOLD_ GCM24

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

Daily – Flat. In the move up from the 2095 long entry on 3/1.  Trade pressures are up.  Volumes are bullish.

The next target up is 2326. The expected overbought level is 2346.

A close below 2310 would signal lower.  The expected oversold level is 2185.

 

SILVER_ SIK24

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

Daily –Long. big break out at 25.10 on 4-1-24.  Trade pressures up.  Volumes remain bullish.

The next target up is 28.23 and is above the OB level ->.  Overbought levels are 26.46.

A close below 26.39 would signal lower.  Oversold levels are 25.37.