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COPPER_ HGH21
Weekly – Inflation. Continuation of the Feb 8th breakout. Trade pressures are up. Volumes are bullish.
Daily – Flat. In the move up from the Feb 5th break above the trend line. Trade pressures are up. and trending. Volumes are bullish.
The next target up is 4.40.
A close below 3.88 would signal lower.
GOLD_ GCJ21
Weekly – Testing the weekly support at 1771. Trade pressures are down. Volumes are bearish.
Daily – Flat. In the move down from the January 1884 short entry. Trade pressures are down. Volumes are bullish.
At the 1763 downside target. The next target down is 1734.
A close above 1831 would signal a retracement up.
SILVER_ SIH21
Weekly – Continues in the Channel between 30 and 22. Trade pressures are up. Volumes are bullish.
Daily – Flat. In the retracement move down after the spike to 30. Trade pressures are down. Volumes are bullish.
The next target down is 26.09 which was briefly touched on Friday.
A close above 27.42 would signal a new move up.