Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGH22

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

Daily – Flat. Still in the trend down. Trade pressures are down but rising. Volumes are bearish.

Need a close above 4.40 to restart a move up.

A close below4.20 would signal lower.

 

GOLD_ GCM22

Weekly – The June ’22 contract is in the June 2021 downtrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 1864 short entry. Trade pressures are down but rising. Volumes are now neutral.

The next target down is 1701.13.

A close above 1795.65 would signal higher.

 

SILVER_ SIH22

Weekly – Remains in the August 2021 Downtrend. Trade pressures are down. Volumes are bearish.

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

The next target down is 21.74.

A close above 22.64. would signal a retracement up.