#copperfutures #goldfutures #silverfutures

COPPER_ HGK20

Weekly – In the move down and broken below the 2.47 target. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down after the break below the 2.53. Trade pressures are down but rising. Volumes are Bearish. The next target down is 2.36.

A close above 2.50 is required to restart any move up.

 

GOLD_ GCJ20

Weekly – Still in the weekly move up but tuned down hard as the need for cash caused selling. Trade pressures are down. Volumes are bearish.

Daily – Flat. Completed the move down form the 1674 sell signal. Trade pressures are down and oversold. Volumes are bearish. Expect consolidation here. 1510 is the next target down. A close above 1559 is required to restart any move up.

 

SILVER_ SIK20

Weekly – Ripped lower after the break of the 17.50 level. Trade pressures are down. Volumes are bearish.

Daily – Flat. Pushed down thru all targets. Trade pressures are down. Volumes are bearish. Closed below three year lows; no support.

Need a close above 14.98 to spark a relief rally.