#copperfutures #goldfutures #silverfutures

COPPER_ HGU20

Weekly – In the uptrend. Trade pressures are up but reversing. Volumes are now bullish.

Daily – Flat. Closed on the day’s highs. Trade pressures are down.  Volumes are bearish.

The next target down is the new short entry at 2.76.

A close above 2.89 would signal higher.

 

GOLD_ GCZ20

Weekly – 2nd week down. Trade pressures are up but reversing. Volumes are bearish.

Daily – Flat. In the move down from the 2025 short entry and stopped out at the 1967 stop. Trade pressures are down but reversing. Volumes are neutral.

The next target down is 1835. The move down tested the 1910 uptrend resistance line but closed back above that resistance.

A close above 1982 would signal higher.

 

SILVER_ SIU20

Weekly – Almost a doji here at the highs. Trade pressures are up. Volumes are neutral.

Daily – Flat. The retracement went down to the July 31 breakout, then turned back up. Trade pressures are down but reversing to the upside. Volumes are neutral.

The next target down is 22.55.

A close above 27.80 would signal a new move up.