#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.