Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ20

Weekly – In the uptrend. Trade pressures are up. Volumes are bearish.

Daily – Flat. In the move up, but now testing the resistance. Trade pressures are down but rising. Volumes are neutral.

The next target up is the 3.12 prior high.

A close below 2.89 would signal lower.

 

GOLD_ GCZ20

Weekly – Still in the uptrend. Trade pressures are declining. Volumes are bearish.

Daily – Flat. In the move down from 2025. Trade pressures are down. Volumes are bearissh.

The next target down is 1835.

A close above 1984 would signal higher.

 

SILVER_ SIZ20

Weekly – Sharp pullback into support. Trade pressures are down into the neutral zone. Volumes are bearish.

Daily – Flat. At the downside target of the move down from 27.49. Trade pressures are down. Volumes are bearish.

The next target down is 21.74.

A close above 26.05 would signal higher.