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COPPER_ HGH22
Weekly – In consolidation from the May 2021 high. Trade pressures are rising into the neutral zone. Volumes are bearish.
Daily – Long in the move up from the 4.40 entry on 2/8. Trade pressures are down. Volumes are bearish.
The next target up is 4.53.
Set the stop at the breakeven at 4.40.
GOLD_ GCM22
Weekly – In the June 2021 downtrend. Trade pressures are up into the neutral zone. Volumes are now bullish.
Daily – Long. In the move up from the 1807 long entry. Trade pressures are up. Volumes are bearish.
The next target up is the prior high of 1857, then 1884.
A close below 1827 would signal lower. Use that as a stop.
SILVER_ SIH22
Weekly – In the August downtrend. Trade pressures are now up. Volumes are now neutral.
Daily – Long. In the new move up from the 22.70 long entry. Trade pressures are up but turning down. Volumes are bullish.
Wait for the bullish reversal of the trade pressures and a retracement to the 22.70 entry. The next target up is 23.98.
A close below 23.15 would signal lower. Use that a s SL.