Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGU21

Weekly – In the June 2020 uptrend. Trade pressures are down. Volumes remain bearish.

Daily – F lat. In the move down from the 5/14 short entry at 4.65. Trade pressures are in the neutral zone. Volumes are bearish.

The next target down is 3.90.

A close above 4.33 restarts the move up.

 

GOLD_ GCQ21

Weekly – Testing the support of the May uptrend. Trade pressures are down. Volumes are neutral.

Daily – Flat. In the 6/16 downtrend. Trade pressures are now up. Volumes remain bearish.

The next target down is 1738.

A close above 1825 would start a new uptrend.

 

SILVER_ SIU21

Weekly – In the May 2020 uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the long consolidation sideways. Trade pressures are up. Volumes are now neutral.

The next target down is 24.82.

Need a close above 27.09 to get a new move up.