Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGH21

Weekly – Remains in the June uptrend. Trade pressures are up. Volumes are bullish.

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

In consolidation. the next retracement target down is 3.14.

A close above 3.59 would signal a new move up.

 

GOLD_ GCG21

Weekly – In the long retracement since August in the uptrend. Trade pressures are up. Volumes are bearish.

Daily – Flat. In the new up trend off the 1767 low pivot. Trade pressures are up. Volumes are bullish.

The next target up is the new long entry at 1914.

A close below 1854. would resume the move down.

 

SILVER_ SIH21

Weekly – Had the same retracement that gold experienced. But now trade pressures are up. Volumes are bullish.

Daily – Flat. Testing the new long entry at 26.53. Trade pressures are up. Volumes are bullish.

Looking for the close above 26.52.

A close below the 25.64 level would signal lower.