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COPPER_ HGK20

Weekly – Two weeks closing up. Trade pressures are turning up. Volumes are neutral.

Daily – Flat. In the move up off the 1.97 lows. Trade pressures are up. Volumes are bullish.

The next target up is 2.36.

As long as price does not go lower than the 2.08 new short entry, can go Long on the next bullish reversal now that the weekly has made a bullish reversal.

 

GOLD_ GCM20

Weekly  – In the move up. Trade pressures are up. Volumes are neutral.

Daily – Flat. Still in the move down but in a retracement up to near the 1650 short entry. Trade pressures are up. Volumes are neutral.

The next target down is 1556.

Now at the new long entry of 1634. This old short entry of 1650 and the new long entry of 1634 form a pivot point that is hard to trade. Going flat, if short, is the best advice and wait for a resolution of the this indecision.

 

SILVER_ SIK20

Weekly – The two week bounce has turned the week trade pressures while still down now turning up. Volumes are neutral.

Daily – Flat. In the move up from  the 12.95 long entry. Trade pressures are up.  Volumes are bullish.

The next target up is 16.90.

A close below 13.24 would signal lower.