Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGH21

Weekly – Moving up with the equity markets. Trade pressures are up, but declining. Volumes are bullish.

Daily – Flat. Held support. Trade pressures are up. Volumes are bullish.

The next target up is 3.73, the prior high.

The support level is also the new short entry at 3.50.

 

GOLD_ GCJ21

Weekly – Testing support. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down form the 1884 short entry. Trade pressures are down. Volumes are bearish.

The next target down is 1763.

A close above 1870 would signal higher.

 

SILVER_ SIH21

Weekly – The Robinhood rally has faded. Trade pressures are still up. Volumes are bearish.

Daily – Flat. In the move down from the short entry at 29.27. Trade pressures are rising into the neutral zone. Volumes are neutral.

The next target down is 26.06.

A close above 27.91 would signal higher.