#copperfutures #goldfutures #silverfutures
COPPER_ HGZ20
Weekly – In the uptrend. trade pressures are in the neutral zone. Volumes are bullish.
Daily – Flat. Testing the upside resistance of the downtrend. Trade pressures are up. Volumes are bullish.
A close above the prior high starts a new uptrend.
The next target down is 2.89.
GOLD_ GCZ20
Weekly – remains in the uptrend. Trade pressures are down but rising. Volumes remain bearish.
Daily – Flat. In the downtrend. Trade pressures are up. Volumes are bullish.
The next target down is 1835.
A close above 1957 would signal higher.
SILVER_ SIZ20
Weekly – In the uptrend. Trade pressures are down. Volumes are bearish.
Daily – In the down trend. Trade pressures are up. Volumes are neutral.
The next target down is the prior low at 21.81.
A close above the 25×5 at 24.75 would signal higher.