#copperfutures #goldfutures #silverfutures
COPPER_ HGK21
Weekly – Still in uptrend. Trade pressures are up. Volumes are bullish.
Daily – Flat. Reached the 3.91 downside target. Trade pressures are down but rising. Volumes are bearish.
The next target down is the 3.78 uptrend support line.
A close above 4.17 would signal higher.
GOLD_ GCJ21
Weekly – In the downtrend for three weeks. Trade pressures are down for seven weeks. Volumes remain bearish.
Daily – Flat. At the down trend line. Trade pressures are down and trending. Volumes are bearish.
The next target down is 1634.
A close above 1724 would signal a retracement higher.
SILVER_ SIK21
Weekly – Now in the downtrend. Trade pressures are down. Volumes are bearish.
Daily – Flat. In the move down from the 27.43 short entry. Trade pressures are down. Volumes are bearish.
The net target down is 24.06.
A close above 26.84 would signal higher.