#copperfutures #goldfutures #silverfutures

COPPER_ HGH20

Weekly – Leading the markets down. Trade pressures are down. Volumes are bearish.

Daily – Flat. After the rally fro 2.48 to 2.88, now a check back to the 2.50 lows. Trade pressures are down. Volumes are bearish.

The next target down is 2.47.

A close above 2.58 would signal higher.

 

GOLD_ GCJ20

Weekly – Grinding higher. Trade pressures are up but showing divergence. Volumes are neutral for three weeks now.

Daily – Flat. In the new move up from the 1579 long entry level. Trade p[ressures are up. Volumes are bullish.

The next target up is 1618.

A close below 1573 would signal lower.

 

SILVER_ SIH20

Weekly – A a rising channel with downward pressures. Trade pressures are down. Volumes are bullish.

Daily – Flat. Remains in the move down from the 18.06 level. Trade pressures are rising in the neutral zone. Volumes are neutral.

The next target down is 17.23.

This close above 17.83 is new long signal but don’t want to trade against the weekly down pressures.