#copperfutures #goldfutures #silverfutures

COPPER_ HGZ21

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

Daily – Flat. Stopped out at the 4.33 break. Trade pressures are down. volumes are bearish.

The next target down is 4.27; at the 200 day MA.

A close above 4.47 is need to signal long again.

 

GOLD_ GCZ21

Weekly – In the May 2021 uptrend. Trade pressures are up. Volumes are bullish. The 1727 resistance has held for 5 months.

Daily – Long. Traded above the 200 day at 1796. Trade pressures are up. Volumes are bullish.

The  next target up is 1819. The close above 1810 has triggered the long. Look for a back-test near the 200 day MA at 1796 to enter.

A close below the 25×5 is the stop at 1781.

 

SILVER_ SIZ21

Weekly – In the August 2021 downtrend. Trade pressures are up but rolling over. Volumes are bullish.

Daily – Long. The prior trade was stopped out at 23.38.  Trade pressures are up. Volumes are bullish.

Now a new long entry at 23.92. The next target up is 24.80.

A close below the 25×5 MA at 23.564 is the stop and would signal lower.

[11-07-21: Sun nite session. Raise the stop to the breakeven at 23.92.]

[11-12-21: At the 200 day MA resistance. Sell at 25.30.]