Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ20

Weekly – In the uptrend, but trade pressures are diverging. Volumes are bullish.

Daily – Flat. Last week attempted to move lower but the 25×5 MA held as support. Trade pressures are up. Volumes are bullish.

The next target up is the prior highs 3.05.

A close below 2.29 would signal lower.

 

GOLD_ GCZ20

Weekly – Uptrend is intact. Trade pressures are up but reversing. Volumes are neutral.

Daily – Flat. In the move down from the 2025 short entry. Trade pressures are up. Volumes are bullish.

Back testing the break of the 25×5 MA. The next target down is 1835.

A close above 2012 would signal a new move up.

 

SILVER_ SIZ20

Weekly – In consolidation after the 4 weeks of run-up. Trade pressures are up but diverging. Volumes are neutral.

Daily – Flat. In the move down. Trade pressures are up. Volumes are bullish.

The next target down is 21.74.

Consolidation above the 25×5 MA. A close above the nearby 27.82 level would signal a new move up.