#copperfutures #goldfutures #silverfutures

COPPER_ HGN21

Weekly – In the June 2020 uptrend. Trade pressures are up and near the neutral zone. Volumes are bearish.

Daily – Short. In the move down from the 4.52 entry. Trade pressures are down. Volumes are bearish.

The next target down  is 4.36. Take profits at the 4.36.

A close above 4.55 would signal higher. But use the 4.52 breakeven as the stop as weekly pressures are still up.

[06-11-21: Stopped out in the premarket for a breakeven.]

 

GOLD_ GCQ21

Weekly – In the Mat 2021 uptrend. Trade pressures are up but rolling over. Volumes are bullish.

Daily – Flat. In the move up from the May 17th long entry at 1847. Trade pressures are down. Volumes are bullish.

Backtesting the breakout. the next target up is 2037.

A close below 1845 would signal a new short entry.

 

SILVER_ SIN21

Weekly – Rising in the July 2020 channel. Trade pressures are up. Volumes are now bearish.

Daily – Flat. In the move up from the April 2021 25.18 long entry. Trade pressures are up but declining. Volumes are bullish.

The next target up is 29.50.

A close below 26.82 would signal lower.