#copperfutures #goldfutures #silverfutures
COPPER_ HGH22
Weekly – Remains i the June 2020 uptrend. Trade pressures are up. Volumes are bullish.
Daily – Flat. In the move yup from the 4.33 entry level. Trade pressures are down but rising. Volumes are now neutral.
The next target up is 4.54.
A close below 4.35 would signal lower. SL is 4.35.
GOLD_ GCM22
Weekly – In the June 2021 Downtrend. Trade pressures are down into the neutral zone. Volumes are bearish.
Daily – Flat. In the move up from the Dec 22nd entry at 1796; but stopped out at the 1810 SL. Trade pressures are down. Volumes are bearish.
The next target up is a move up thru the long entry with a bullish reversal of the trade pressures.
A close below 1777 would signal lower.
SILVER_ SIH22
Weekly – In the Aug 2021 downtrend. Trade pressures are up. Volumes are again neutral.
Daily – Flat. In the move up from the 22.43 long entry. Trade pressures are bullish. Volumes are now bullish.
The next target up is the 23.45 level.
A close below 21.82 would signal lower and is the SL.