Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ20

Weekly – In the uptrend. trade pressures are up. Volumes are bullish.

Daily – Flat. After consolidating at the 3.02 target, a new leg up has started. Trade pressures are up. Volumes are bullish.

The next target up is 3.29.

A close below 2.89 would signal lower.

 

GOLD_ GCZ20

Weekly – In consolidation. Trade pressures are up but declining. Volumes are bullish.

Daily – Flat. The consolidation continues. Trade pressures are down but rising. Volumes are neutral.

The next target up is the resistance at 2006.

The next target down is the MA at 1957.

 

SILVER_ SIZ20

Weekly – In consolidation. Trade pressures are up. Volumes are bullish.

Daily – Flat. Also in consolidation. Trade pressures are up into the neutral zone. Volumes are bullish.

The next target up is 28.06.

A close below 25.77 signals lower.