#copperfutures #goldfutures #silverfutures
COPPER_ HGZ21
Weekly – In the June 2020 uptrend. Trade pressures are down. Volumes are neutral.
Daily – Flat. In the down trend. Trade pressures are up. Volumes are bullish.
Need a close above the 25×5 at 4.27 to signal higher – very close.
The next target down is a break down below the 200 day MA at 4.18.
GOLD_ GCZ21
Weekly – In the May 2021 uptrend. Trade pressures are down but rising. Volumes are still bearish.
Daily – Flat. The long trade was stopped out for a loss. Trade pressures are up. Volumes are bearish.
The next long entry will be signaled by a close above the 25×5 MA at 1771.
A close below 1763 would signal lower.
SILVER_ SIZ21
Weekly – In the August 2021 downtrend. Trade pressures are down. Volumes are neutral.
Daily – Flat. In the move down and now conbsolidating at the 22.31 downside target. Trade pressues are up. volumes are bearish.
Need a close above the 25×5 MA at 23.01 to get long.
A close blow 22.33 would signal lower.