#copperfutures #goldfutures #silverfutures

COPPER_ HGK20

weekly – Sharp drop. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move up from the 2.07 new long entry. Trade pressures are down but turning up.

The next target up is 2.38.

A close below the prior low would signal lower.

 

GOLD_ GCJ20

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

Daily – Flat. At the lower median line acting as support. Trade pressures are down but rising. Volumes are neutral.

The next target down is 1466.

A close above 1506 would signal higher.

 

SILVER_ SIK20

Weekly – touched the 100% fib projection. Trade pressures are down. Volumes are bearish.

Daily – Flat. Zipped down past the 13.61 162% target. Trade pressures are down but rising. Volumes are neutral.

The next target down is the weekly 11.61.

A close above the 12.12 has triggered a new long entry but the volatility is very high, so wait for the trade pressures to get above zero.