#copperfutures #goldfutures #silverfutures

COPPER_ HGH21

Weekly – In the july move up. Trade pressures are up. Volumes are bullish.

Daily – Flat. Selling off to the first support line. Trade pressures are up into the neutral zone. Volumes are neutral.

The next target up is the prior high at 3.64.

A close below 3.41 would signal lower.

 

GOLD_ GCG21

Weekly – Remains in the July move up. Trade pressures are up. Volumes are bearish.

Daily  -Flat. In the new uptrend. Trade pressures are up into the neutral zone. Volumes are bullish.

A break down below the 200 Day MA sets up the 1734 downside target.

A close above the 1914 level starts a new move up.

 

SILVER_ SIH21

Weekly – Three weeks up after the test of support. Trade pressures are up. Volumes are bullish.

Daily – Flat. Last weeks breakout attempt has resulted in a back test of the breakout. Trade pressures are down into the neutral zone. Volumes are neutral.

A breakdown of the support at 25.46 tests the 24.50 25×5 MA.

A close above 26.52 sets up a new move up.