Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGN19

Weekly – In the move down. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 2.91 short entry. Trade pressures are down but rising. Volumes are bearish.

The next target down is 2.63.

A close above the 2.81 level would signal higher.

 

GOLD_ GCM19

Weekly – In a retracement move down inside the longer term move up. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. The 1300 target was reached and became resistance. Trade pressures are down into the neutral zone. Volumes are bearish.

The next target down is 1264.

A close above 1298 would signal higher.

 

SILVER_ SIN19

Weekly – In a new downtrend. Trade pressures are down. volumes are bearish.

Daily – Flat. In the move down from the 15.42 short entry. Trade pressures are down. Volumes are bearish.

The next target down is 14.05.

A close above 14.90 would signal higher.