Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGH21

Weekly – In the June move up. Trade pressure are up. Volumes are bullish.

Daily – Flat. In the move up from the 3.04 August long entry. Trade pressures are up. Volumes are bullish.

The next target up is 3.81.

A close below 3.42 would signal lower.

 

GOLD_ GCG21

Weekly – In the July move up. Trade pressures are rising in the neutral zone. Volumes are bearish.

Daily – Retracing inside the move down. Trade pressures are up and extended. Volumes are bullish.

The next target down is 1740.

A close above 1914 would signal higher.

 

SILVER_ SIH21

Weekly – After nearing the support levels at 21.00, price has moved higher. Trade pressures are up. Volumes are bullish.

Daily – Long. In the move up after breaking the 25.52 short resistance. Trade pressures are up and extended. Volumes are bullish.

The next target up is 26.74.

A close below 24.59 would signal lower.

[12-21-20: raise stops to the uptrend support line at 26.28] -> [The afternoon spike down takes the position out at 26.28.]