Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGK21

Weekly – A doji high in the Jun 2020 uptrend. Trade pressures are up. Volumes are bearish.

Daily – Short. In the move down from the 3.14 short entry. Trade pressures are up but reversing. Volumes are bearish.

The next target down is 3.91.

A close back above 4.32 would signal a resumption of the move up. Use that as the stop.

 

GOLD_ GCJ21

Weekly – 2nd week down. Trade pressures are down. Volumes are bearish.

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

The next target down is 1681.

A close above 1786 would signal higher.

 

SILVER_ SIK21

Weekly – Still holding steady in the side ways pattern. Trade pressures are up but reversing. Volumes remain bullish.

Daily – Flat. In the weak uptrend . Trade pressures are down. Volumes are bearish.

The next target up is the new long entry at 27.91.

The next target  down is the uptrend support at 25.60.