#copperfutures #goldfutures #silverfutures

COPPER_ HJGH21

Weekly – At new highs. Trade pressures are up but reversing. Volumes are bullish.

Daily – Flat. In the Feb move up from 3.62, following the equity markets.. Trade pressures are up. Volumes are bullish.

The next target up is the 3.81 target.

A close below 3.72 would signal lower.

 

GOLD_ GCJ21

Weekly – Still holding support. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the January move down from the 1884 short entry. Trade pressures are down. Volumes are now neutral.

The next target down is 1763.

A close above 1844 would signal higher.

Rising interest rates pressure the precious metals.

 

SILVER SIH21

Weekly – Remains in the May 2020 up trend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Has completed the move down to the 26.08 target. Trade pressures are rising into the neutral zone. Volumes are bullish.

The next target down is 23.41.

A  close above 27.91 would signal higher.