#copperfutures #goldfutures #silverfutures
COPPER_ HGZ19
Weekly – The weekly downside target of 2.51 has held and is now support. Trade pressures are down but rising. Volumes remain bearish.
Daily – Flat. In the move up from the 2.54 level. Trade pressures are up into the neutral zone. Volumes are now neutral.
The next target up is 2.61.
A close below the lower median line at 2.50 would signal lower.
GOLD_ GCZ19
Weekly – The 1559 highs are holding. Trade pressures are up. Volumes are bullish.
Daily – Flat. Consolidating a t the highs. Trade pressures are down into the neutral zone. Volumes are bearish.
The next target up is 1567.
A close below 1525 would signal lower.
SILVER_ SIZ19
Weekly – In the sharp move up. trade pressures are up. Volumes are bullish.
Daily – Flat. At the end of the second leg up. Trade pressures are up. Volumes are bearish.
The next target up is 19.85.
A close below 18.23 wouls signal lower.