Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ19

Weekly – Two week rise off the 2.48 lows. Trade pressures are rising in the neutral zone. Volumes are bullish.

Daily – Flat. In the move up from the 2.57 log entry. Trade pressures are up. Volumes areĀ  bullish.

At the target of 2.62. The next target up is 2.65.

A close below the 2.57 level would signal lower.

 

GOLD_ GCZ19

Weekly – Looks lower for the next week. Trade pressures are down. Volumes are bearish.

Daily – Flat. Still in the downtrend. Trade pressures are up. Volumes are bearish.

The next target down is 1432.

A close above 1535 would signal higher.

 

SILVER_ SIZ19

Weekly – In neutral. Trade pressures are down into the neutral zone. Volumes are neutral.

Daily – Flat. Sides ways for ten days. Trade pressures are up. Volumes are bearish.

The next target down is 16.53.

A close above 18.25 would signal higher.

 

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