Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGK21

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

Daily – Flat. Still in the uptrend. Trade pressures are up. Volumes are bullish.

At the  4.15 upside target. The next target up is 4.28.

A close below 4.11 would signal lower.

 

GOLD_ GCM21

Weekly – Rising in the downtrend. Trade pressures are up into the neutral zone. Volumes are now bullish.

Daily – Flat. In the new uptrend. Trade pressures are up. Volumes are bullish.

The next target up is 1808.

A close below 1749 would signal lower.

 

SILVER_ SIK21

Weekly – Remains in the May 2020 uptrend. Trade pressures are now up. Volumes are still neutral.

Daily – Long. The new long entry tested the 200 Day and then moved up from there. Trade pressures are up. Volumes are bullish.

The next target up is 26.89.

A close below 25.42, the 200 day MA, would signal lower. Set stops at this level.

[4-23-21: Raise the stops to 25.55. The next target up is 26.81]