#copperfutures #goldfutures #silverfutures

COPPER_ HGZ21

Weekly – Remains in the June 2020 uptrend. Trade pressures are down. Volumes are bullish.

Daily – Long. In the move down from the 4.59 short entry. Trade pressures are now up. Volumes are now bullish.

The close above 4.39 4.38 is a new long entry. The next target up is the 25×5 MA at 4.44.

A close below the Thursday low of 4.18 would signal lower. Set stops at 4.18.

[11-22-21: long at 4.38. SL at 4.32.]

[11-23-21: Raise stops to breakeven at 4.38.]

[11-24-21: Take profits at 4.49.]

 

GOLD_ GCZ21

Weekly – Pulling back after the breakout last week. Trade pressures are up. Volumes are bullish.

Daily – Short. In the longer move up, but the close below 1850 signals a pullback to the 1807  level. Trade pressures are down. Volumes are bearish.

The next target down is 1821. Set the SL at 1875.

A close above 1875 signals higher.

[11-22-21: Short at 1838. SL at breakeven. Take profits at the 1807 target.] [The 1807 profit target is met Monday noon.]

 

SILVER_ SIZ21

Weekly – A rally inside the August 2021 downtrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Higher highs and lower lows. Trade pressures are down. Volumes are bearish.

The next target down is 23.59, which is also a support level. (look for a new long entry in the 24.50 – 23.50 area.)

A close back above 25.19 would confirm any move higher.