Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGN21

Weekly – In the June 2020 uptrend. Trade pressures are rising into the neutral zone. Volumes are now neutral.

Daily – Long. The 4.64 level triggered the new long entry. Trade pressures are up. Volumes are bullish.

The next target up is 4.78.

A close below 4.52 would reverse the trade.

 

GOLD_ GCQ21

Weekly – A new May uptrend is established. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 5/14 1832 long entry level. Trade pressures are up but declining. Volumes are bullish.

The next target up is 1959.

A close below 1842 would signal lower.

 

SILVER_ SIN21

Weekly – Rising in the long May 2020 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the April long entry price of 25.16. Trade pressures are now down. Volumes are now neutral.

The next target up is 29.50.

A close below 27.23 would signal a move lower.