Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ19

Weekly – Three weeks up. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the Oct 4th 2.57 long entry. Trade pressures are up. Volumes are bullish.

At the 2.65 target. The next target up is 2.73.

A close below 2.64 would signal lower.

 

GOLD_ GCZ19

Weekly – A pull back in the weekly uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. Testing the downtrend resistance. Trade pressures are up. Volumes are bearish.

The next target down is the prior low at 1465.

A close above 1535 is required to start a new move up.

 

SILVER_ SIZ19

Weekly – In consolidation at the 17.92 up side target. Trade pressures are down into the neutral zone. Volumes are bullish.

Daily – Flat. In the move down and testing the downtrend resistances. Trade pressures are up. Volumes are bearish.

The next target down is the prior low at 16.94.

A close above 18.25 would signal higher.