Metals

#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.