#copperfutures #goldfutures #silverfutures

COPPER_ HGK21

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

Daily – Flat. In the move up from 4.02, but has dropped out of the short term uptrend. Trade pressures are down Volumes remain bullish.

The next target up is 4.15.

A close below 3.94, a prior low, would signal lower.

 

GOLD_ GCM21

Weekly – In the February down trend. Trade pressures are down but rising. Volumes are neutral.

Daily – Flat. The counter trend long trade ran to resistance and stopped. Trade pressures are up but now declining. Volumes remain bullish.

The next target up is a break of the 1768 resistance.

A close below the 25×5 at 1726 would signal lower.

 

SILVER_ SIK21

Weekly – In a slow retracement inside the uptrend since early February. Trade pressures are down but rising. Volumes are now neutral.

Daily – Long. The Close above 25.31 has triggered a retracement trade inside the downs trend. Trade pressures are up but declining.  Volumes are bullish.

Looking for a break above the 25.84 to confirm the move but a buy with tight stops on any pullback could be an anticipation entry.

A close below 24.35 would signal a failure. Use that as a stop.