#copperfutures #goldfutures #silverfutures
COPPER_ HGH21
Weekly – Remains in the June uptrend. Trade pressures are up. Volumes are bullish.
Daily – Flat. In the move up from the August long entry at 3.04. Trade pressures are down. Volumes are bearish.
In consolidation. the next retracement target down is 3.14.
A close above 3.59 would signal a new move up.
GOLD_ GCG21
Weekly – In the long retracement since August in the uptrend. Trade pressures are up. Volumes are bearish.
Daily – Flat. In the new up trend off the 1767 low pivot. Trade pressures are up. Volumes are bullish.
The next target up is the new long entry at 1914.
A close below 1854. would resume the move down.
SILVER_ SIH21
Weekly – Had the same retracement that gold experienced. But now trade pressures are up. Volumes are bullish.
Daily – Flat. Testing the new long entry at 26.53. Trade pressures are up. Volumes are bullish.
Looking for the close above 26.52.
A close below the 25.64 level would signal lower.