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COPPER_ HGK21

Weekly – In the June 2020 uptrend. Trade pressures are up but declining. Volumes remain bullish.

Daily – Flat. In the move up from the 4.05 signal. Trade pressures are down. Volumes are bearish.

The next target up is 4.40.

Nearing support at 3.87. A  close below this level would signal lower

 

GOLD_ GCM21

Weekly – Moving up off the 1675 recent lows. Trade pressures are down but rising. Volumes are bearish.

Daily – Long. In the move up from the 1696 long entry. Trade pressures are up Volumes are bullish.

At the 1727 target. The next target up is 1750. Set trailing stops at 10 points below the 1730 high.

A close below 1709 would signal a new move lower.

[4-5-21: the overnight high of 1732 brought the 10 point stop up to 1722 which was stopped out in the early morning hours.]

 

SILVER_ SIK21

Weekly – Still in the 22 – 30 channel. Trade pressures are down but showing a higher low. Volumes are bearish.

Daily – Flat. In the move down and has met the 24.06 downside target. Trade pressures are up into the neutral zone. Volumes are bullish.

The next target down is the lower channel boundary at 22.

A close above 23.31 would signal higher.