#copperfutures #goldfutures #silverfutures

COPPER_ HGH20

Weekly – Takes out six weeks of prior lows.. Trade pressures are down. Volumes are bearish..

Daily – Flat. Stopped out with a profit at 2.75. Trade pressures are down. Volumes are bearish.

At the 2.67 target. The next target down is the prior low at 2.62.

A close above 2.74 would signal higher.

 

GOLD_ GCG20  {Rolls next week}

Weekly – Still in consolidation at the summer highs of 1573. Trade pressures are up but in decline. Volumes are neutral.

Daily – Flat. 5 days of bullish move takes price to the the new long entry of 1574. Trade pressures are up. Volumes are bullish.

The next target up is 1593. Watch for weekly volume to change to bullish.

While the weekly pressures are down; bullish daily volumes can’t seem to move the needle.

A close below 1557 would signal lower.

 

SILVER_ SIH20

Weekly – In consolidation around the 18 level. Trade pressures are down into the neutral zone. Volumes are bullish.

Daily – Flat. After consolidating with bearish volumes, a day of bullish Volumes. Trade pressures are up. Volumes are bullish.

The next target down is 17.40.

A close above 18.14 would signal higher.