Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ20

Weekly – In the uptrend. trade pressures are in the neutral zone. Volumes are bullish.

Daily – Flat. Testing the upside resistance of the downtrend. Trade pressures are up. Volumes are bullish.

A close above the prior high starts a new uptrend.

The next target down is 2.89.

 

GOLD_ GCZ20

Weekly – remains in the uptrend. Trade pressures are down but rising. Volumes remain bearish.

Daily – Flat. In the downtrend. Trade pressures are up. Volumes are bullish.

The next target down is 1835.

A close above 1957 would signal higher.

 

SILVER_ SIZ20

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

Daily – In the down trend. Trade pressures are up. Volumes are neutral.

The next target down is the prior low at 21.81.

A close above the 25×5 at 24.75 would signal higher.