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COPPER_ HGU20
Weekly – Pausing in the move up. Trade pressures are up. Volumes are bearish.
Daily – Flat. In the move up from the 2.71 long entry. Trade pressures are down Volumes are bearish.
The next target down is 2.76, the new short entry.
A close back above 2.95 would restart the up trend.
GOLD_ GCQ20
Weekly – Big break to the upside. Trade pressures are up. Volumes are bullish.
Daily – Flat. Missed this one. Trade pressures are up and extended. Volumes are bullish.
The next target up is 2000.50.
A close below 1844 would signal a retracement down of this move up.
SILVER_ SIU20
Weekly – Big up week. Trade pressures are up. Volumes are bullish.
Daily – Flat. Three week rally tales price to new highs. Trade pressures are up. Volumes are now neutral, indicating some profit taking.
The next target up is 24.35.
A close below 21 .83 would signal a new short entry.