#copperfutures #goldfutures #silverfutures

COPPER_ HGH21

Weekly – Remains in the June 2020 uptrend. Trade pressures are up but extended. Volumes are bullish.

Daily – Flat. Well into the move up from the 3.04 August entry. Trade pressures are up but reversing. Volumes are bearish.\The next target up is 3.81.

A close below 3.48 would signal lower.

 

GOLD_ GCG21

Weekly – Testing the support for the long July uptrend at 1767. Trade pressures are up but reversing. Volumes are bearish.

Daily – Flat. The new long entry has been triggered at 1914. Trade pressures are down. Volumes are bearish.

So no entry until both weekly and the daily trade pressures align. Need a close above the 200 day MA at 1858.

The next target down is the prior low of 1767.

 

SILVER_ SIH21

Weekly – Remains in the May 2020 uptrend. Trade pressures are up but reversing. Volumes are bearish.

Daily – In the new move down from the 26.13 short entry. Trade pressures are down hard. Volumes are bearish for the last three days.

The next target down is 23.90 then 22.93.

A close above 25.86 would restart the move up.