Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGH22

Weekly – Remains in the long uptrend from June 2020. Trade pressures are in the neutral zone. Volumes are neutral.

Daily – Long. In the move up from 4.40 on 2.8. Trade pressures are down. Volumes are bullish.

The next target up is 4.65.

A close below 4.40 would signal lower. Set 4.40 as the SL.

 

GOLD_ GCM22

Weekly – In the new uptrend from the prior week. Trade pressures are up. Volumes are bullish.

Daily – Long. In the move up from the 1807 long entry. Trade pressures are up and trending. Volumes are bullish.

The next target up is 1929.10.

A close below 1878 would signal lower. Set 1878 as the SL.

 

SILVER_ SIH22

Weekly – In the August 2021 downtrend. Trade pressures are up. Volumes are bullish.

Daily – Long. In the move up from the 22.72 long entry. Trade pressures are up. Volumes are bullish.

Missed the 22.70 entry as the 2/15 pullback didn’t follow thru. The next target up is 24.45.

A close below 23.46 would signal lower. Use 23.46 as the SL.