#copperfutures #goldfutures #silverfutures
COPPER_ HGN19
Weekly – In the move down. Trade pressures are down. Volumes are bearish.
Daily – Flat. In the move down from the 2.91 short entry. Trade pressures are down but rising. Volumes are bearish.
The next target down is 2.63.
A close above the 2.81 level would signal higher.
GOLD_ GCM19
Weekly – In a retracement move down inside the longer term move up. Trade pressures are down but rising. Volumes are bearish.
Daily – Flat. The 1300 target was reached and became resistance. Trade pressures are down into the neutral zone. Volumes are bearish.
The next target down is 1264.
A close above 1298 would signal higher.
SILVER_ SIN19
Weekly – In a new downtrend. Trade pressures are down. volumes are bearish.
Daily – Flat. In the move down from the 15.42 short entry. Trade pressures are down. Volumes are bearish.
The next target down is 14.05.
A close above 14.90 would signal higher.