#copperfutures #goldfutures #silverfutures

COPPER_ HGZ20

Weekly – Remains in the uptrend. Trade pressures are down into the neutral zone. Volumes are bullish.

Daily – Flat. In a retracement in the  move down.   Trade pressures are up. Volumes are bullish. The next target down is the 200 Day MA at 2.68. A close above 3.12 would signal a new move higher.

 

GOLD_ GCZ20

Weekly – Retracing In the uptrend.  Trade pressures are down  but rising. Volumes are bearish.

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

The next target down is 1835, which should complete the retracement.

A close above 1959 would signal higher.

 

SILVER_ SIZ20

Weekly – In a similar retracement as gold. Trade pressures are down. Volumea are bearish.

Daily – Flat. Touched the downside target at 21.87 on 9-24. Trade pressures are up. Volumes are bullish.

Expect sideways. The next target down would be a back test of the 24.00 level, Need a close above 26.00 to restart the move up.

Silver looks to lead gold on the next move.