#copperfutures #goldfutures #silverfutures
COPPER_ HGZ18
Weekly – In consolidation after touching the new weekly long entry. Trade pressures are up intoi the neutral zone. Volumes are bullish to neutral.
Daily – Flat. In the move up from the 2.74 level. Trade pressures are in the neutral zone. Volumes are bullish to bearish.
In the side ways move creates the bullish pennant. Support is at the 2.68 level and would signal lower if broken.
The next target up is 2.88.
GOLD_ GCZ18
Weekly – In the move down. Trade pressures are down but rising into the neutral zone. Volumes are bullish. Multiples targets down at the 1128 levels.
Daily – Flat. In the move up off the 1197 entry. Trade pressures are up and extended. Volumes are bearish.
The next target up is 1271.
A close below the 1209 level would signal lower.
SILVER_ SIZ18
Weekly – Consolidating just above the 13.95 downside target level. Trade pressures are down but rising. Volumes are bullish.
Daily – In the move up from the 14.28 level. Trade pressures are in the neutral zone. Volumes are bullish.
The next target up is 15.24.
A close below the 14.19 support level would signal lower.