Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGK20

Weekly – Three weeks off the lows. Trade pressures are rising into the neutral zone. Volumes are neutral.

Daily – Flat. In the move up off the 2.07 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 2.36.

A close below 2.16 would signal lower.

 

GOLD_  GCM20

Weekly – Big rally as the number of new dollars are injected into the system. Trade pressures are up. Volumes are bullish but very low volumes.

Daily – Flat. In the move up from the 1634 long entry. Trade pressures are up but rolling over. Volumes are bullish.

The next target up is 1823.

A close blow 1694 would signal lower.

 

SILVER_ SIK20

Weekly – The move up off the 11.62 to 16.05 in the week. Trade pressures are up. Volumes are neutral.

Daily – Flat. In the move up from 12.98. Trade pressures are up but declining. Volumes are bullish.

The next target up is 16.90.

A close blow 14.354 would signal lower.