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COPPER_ HGK20

Weekly – In a retest of the 2.49 low pivot. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. Trade down thru the new short entry, but no close below. Trade pressures are down and extended. Volumes are bearish.

The next target down is 2.47.

A close above 2.59 would signal higher.

[3-2-20: Long at the 2.59 new entry. Stops at 2.53.]

 

GOLD_ GCJ20

Weekly – A close below the prior week’s low. Trade pressures are still up, but declining. Volumes are bearish.

Daily  – Flat. In the move down from 1661; at support and oversold. Trade pressures are down. Volumes are bearish.

The next target down is 1497.

A close above 1609 would signal higher.

 

SILVER_ SIK20

Weekly – In the move down from the 18.00 area. Trade pressures are down. Volumes are bearish.

Daily  – Flat. In the move down from the 18.16 level. Trade pressures are down and oversold. Volumes are bearish.

The next target down is 15.87.

A close above 16.96 would signal higher.