Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ20

Weekly – In the move up. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up. Trade pressures are are down but rising. Volumes are bullish.

The next target up is 3.08.

A close below 2,86 would signal lower.

 

GOLD_ GCZ20

Weekly – A bullish close after five weeks of down to neutral. Trade pressures are up but showing a reversal. Volumes are bullish.

Dai;ly – Flat. Moving sideways. Trade pressures are up but reversing. Volumes are neutral.

The next target down is the prior low at 1874.

A close above 2004 would signal higher.

 

SILVER_ SIZ20

Weekly – Similar position as the gold. Trade pressures are up. Volumes are neutral.

Daily – Flat. Trade pressures are down into the neutral zone. Volumes are bearish.

The next target down is 25.90.

A close above 27.82 would signal higher.