Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGN21

Weekly – In the June 2020 uptrend. Trade pressures are up but flattening. Volumes are bearish.

Daily – Flat. In the move down and now at the 25×5 MA. Trade pressures are down hard. Volumes are bearish.

The next target down is 4.36.

A close above 4.64 would signal higher.

 

GOLD_ GCM21

Weekly – In  new uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Still in the April 15th move up. Trade pressures are up. Volumes are bullish.

The next target up is 1903.

A close below 1818 would signal lower.

 

SILVER_ SIN21

Weekly – In the July 2020 uptrend and side ways channel. Trade pressures are up. Volumes are bearish.

Daily – In the April move up. Trade pressures are down. Volumes are bearish.

The next target up is 29.59.

A close below 23.40 would signal lower.