#copperfutures #goldfutures #silverfutures

COPPER_ HGK21

Weekly – Still in the June 2020 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. The 4.39 high was close to the 4.40 target . Trade pressures are down. Volumes are now neutral.

The next target down is another test of the 3.98 level.

A close above the 4.10 level would resume the move up.

 

GOLD_ GCM21

Weekly – some short covering after 4 weeks down. Trade pressures are down but rising. Volumes are now neutral.

Daily – Flat. Still in the move up from the 1724 entry. Wait for a bullish daily reversal to re-enter. Trade pressures are up. Volumes are bullish.

The next target up is 1773.

A close below 1721 would signal lower.

[3-25-21: Bullish reversal. Enter buy 1700 stop.]

 

SILVER_ SIK21

Weekly – In the May 2020 uptrend. Trade pressures are up into the neutral zone. Volumes are bearish.

Daily – Flat. In the down move from the 27.43 short entry. Trade pressures are up, but declining. Volumes are bullish.

the target down at 25.75 has been met, now consolidating. The next target down is 24.06.

A close above 26.42 would signal higher.