Metals

#copperfutures #goldfutures #silverfutures

COPPER_ GHU20

Weekly – Stalled with the equity markets. Trade pressures are up. Volumes are bearish.

Daily – Flat. In the move up from the 2.72 long entry.

Trade pressures are down in to the neutral zone. Volumes are bullish.

The next target up is 3.00.

A close below 2.76 would signal lower.

 

GOLD_ GCQ20

Weekly – 2nd week of a new uptrend. trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up. At resistance. Trade pressures are down. Volumes are bearish.

The next target up is 1836.

A close below 1766 would signal lower.

 

SILVER_ SIU20

Weekly – Continues to rally. Trade pressures are up. Volumes are bullish.

Daily – Flat. Above the 19.50 target and in consolidation. Trade pressures are up but reversing. Volumes are bullish.

The next target up is 20.31.

A close below 18.03 would signal lower.