Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGH22

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

Daily – Flat. In the  move down with the C19 reemergence sell off. Trade pressures are down. Volumes are bearish.

The next long re-entry is 4.39.

A close below 4.19 would signal lower.

 

GOLD_ GCM22

Weekly – Remains in the June 2021 downtrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 1854 short entry. Trade pressures are down but rising. Volumes are bearish.

The next target down is 1770.60.

A close above 1813 would signal higher.

 

SILVER_ SIH22

Weekly – In the August 2021 downtrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the new move down from the 23.63 short entry. Trade pressures are down hard. Volumes are bearish.

The next target down is a test of the old support at 22.28.

A close above 23.54 would signal higher.