#copperfutures #goldfutures #silverfutures
COPPER_ HGN20
Weekly – Testing the upside resistance. Trade pressures are up. Volumes are bullish.
Daily – Flat. In the move up from the 2.34 April Long entry. Trade pressures are up. Volumes are bullish.
The next target up is 2.76.
A close below 2.47 would signal lower.
GOLD_ GCQ20
Weekly – Ten weeks in the 1700-1800 channel. Trade pressures are rising into the neutral zone. Volumes remain bearish.
Daily – Flat. In the rising pitchfork. Trade pressures are up. Volumes are bullish. The next target up is 1787.
A close below 1748 would signal lower.
SILVER_ SIN20
Weekly – Four weeks into the new uptrend. Trade pressures are up but reversing. Volumes are bullish.
Daily – Flat. In the move up from the 17.27 entry price. Trade pressures are declining into the neutral zone.
The next target up is 18.05.
A close below 17.11 would signal a new move lower.