#copperfutures #goldfutures #silverfutures

COPPER_ HGN20

Weekly – Has risen to the mdian line. Trade pressures are up. Volumes are bullish.

Daily – Flat. Still in the move yup from the March 2.08 ling entry. Trade pressures are down. Volumes are bearish.

A new short would be signaled at 2.24.

A bullish reversal of the trade pressures would put the daily in synch with the weekly. Look for a trade around the 2.23 level and the reversal to reenter the long.

 

GOLD_ GCM20

Weekly –  The 1760 level has acted a as resistance for four weeks now. Trade pressures are up but rolling over.

Daily – Flat. In the move down from the 1729 short entry level. Trade pressures are down and oversold. Volumes are are bearish.

The next target down is 1632. Look for a rally to near the 1729 level ans a subsequent bearish reversal of the trade pressures to re enter the short.

A close above 1743 would signal  higher.

 

SILVER_ SIN20

Weekly – In neutral mode. Trade pressures are neutral. Volumes are neutral.

Daily – Flat. Trade up to the channel boundary and found resistance. Trade pressures are down. Volumes are bearish.

The next target up is 17.03.

The next target down is the short entry at 14 70.