#copperfutures #goldfutures #silverfutures

COPPER_ HGH20

Weekly – In the move up off the 2.50 lows. Trade pressures are up but declining. Volumes are bearish.

Daily – Short. In a corrective move down. Volumes are neutral. Trade pressures are up but turned down.

In the move down from the 2.84 level. The next target down is 2.76.

A close above 2.86 closing high would signal higher.

Use this 2.86 as the stop.

[1-22-20: take profits at 2.75 limit. Lower buy stop to the entry price, 2.86.]

[1-23-20: 2.75 profit limit hit.]

 

GOLD_ GCG20

Weekly – In the move up from the 1520 weekly long entry. Trade pressures are up but showing a bearish reversal. Volumes are neutral.

Daily – Flat. In the corrective move from the spike high. Trade pressures are down but rising to the neutral zone. Volumes are bullish.

In the move down from the 1593 short entry price. The next target down is 1533.

A close above 1564 would signal higher.

 

SILVER_   SIH20

Weekly – Trade pressures are still but showing a bearish reversal. Volumes are bearish.

Daily – Flat. In the move down from the spike high. Trade pressures are up. Volumes are neutral.

At the 17.70 downside target and consolidating. The next target down is 16.98.

A close above 18.24 would signal higher.