#copperfutures #goldfutures #silverfutures

COPPER_ HGK20

Weekly – Moving along the 2.47 lows. Trade pressures are down but rising. Volumes are bearish.

Daily – Long. In the move up from the 2.59 long entry. Trade pressures are down. Volumes are neutral. The next target up is 2.68.

A close below 2.53 will stop the long trade and signal lower.

[3-8-20: Stopped out at 2.53 the Sun nite open.]

 

GOLD_ GCJ20

Weekly – Countering the equity moves and at highs. Trade pressures are up. Volumes are neutral.

Daily – Flat. In the move up from the 1609 new long entry. Trade pressures are up and extended. Volumes are bullish.

The next target up is 1683 which was briefly touched Friday.

A close below 1665 would signal lower.

 

SILVER_ SIK20

Weekly – Tested the 16.08 lows. Trade pressures are down. Volumes are neutral.

Daily – Flat. In the move up from 16.95. Trade pressures are up. Volumes are bearish.

Buy the next bullish reversal. The next target up is 17.86.

A close below 16.40 would signal lower and will act as the stop level.

[3-8-20: raise the stop to 17.07.]