#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.