#copperfutures #goldfutures #silverfutures
COPPER_ HGH21
Weekly – Remains in the June 2020 uptrend. Trade pressures are up but reversing.
Daily – Flat. Still in the uptrend but near a reversal. Trade pressures are up. Volumes are bullish.
The next target up is 3.81.
A close below 3.50 would signal lower.
GOLD_ GCG21
Weekly – In the july uptrend but testing the 1767 support. Trade pressures are down. Volumes are bullish.
Daily – Flat. Still in the move down. Trade pressures are up but reversing. Volumes are bullish.
The daily pressures are now aligning with the weekly downward pressures. The next target down is 1767.
A close above 1914 would signal higher.
SILVER_ SIH21
Weekly – Could not make the move higher. Trade pressures are down. Volumes are bullish.
Daily – Flat. In the move down from the 26.04 short entry. Trade pressures are up but reversing. Volumes are bullish.
The next target down is 23.00.
A close above 27.11 would signal higher.