Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGK21

Weekly – In the June 2020 up trend. Trade pressures are up but rolling over. Volumes are bullish.

Daily – Flat. Now testing support. Trade pressures are down but rising. Volumes are neutral.

The next target up is 4.26.

A close below the support at 3.87 would signal lower.

 

GOLD_ GCM21

Weekly – In the Dec downtrend. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. Looking for the next long entry at the next bullish daily reversal. Trade pressures are down. Volumes are neutral.

The next target  down is the lower median line at 1698.

The next target up is 1773.

[3-30-21: Long at 1685. Stops at 1675.] [Trail the stops with a 15 point trail.]

[3-31-21; Raise stops to a 10 point trail, now1704]

 

SILVER_ SIK21

Weekly –  Remains in the 22-28 channel. Trade pressures are up into the neutral zone. Volumes remain bearish.

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

The next target down is 24.06.

A close above 26.01 would signal higher.