#copperfutures #goldfutures #silverfutures

COPPER_ HGZ19

Weekly – Third week of the rally. Trade pressures are up in the neutral zone. Volumes are bullish.

Daily – Flat. In the move up from the 2.53 long entry price. Trade pressures are up. Volumes are bullish.

Thru the 2.67 target. The next target up is 2.79.

A close below 2.63 would signal lower.

 

GOLD_ GCZ19

Weekly – In the weekly move down. Trade pressures are up. Volumes are bearish.

Daily – Flat. The short trade was stopped out at 1513. Trade pressures are down. Volumes are bearish.

Still in the move down from the 1513 level. Re-enter with a pullback above the 1513 and a recycle of the RSX. The next target down is 1463.

A close above 1580 would signal higher.

 

SILVER_ SIZ19

Weekly – In the move down after the hanging man. Trade pressures are up. Volumes are bearish.

Daily – Flat. Missed the first entry for this move down. Trade pressures are down. Volumes are Bearish.

The next target down is the support line at 17.04.

A close above 18.71 would signal higher.