#copperfutures #goldfutures #silverfutures

COPPER_ HGN22

Weekly – Remains in the June 2020 uptrend. Trade pressures are up. Volumes are neutral.

Daily – Long in the new move up from the 4.68 trigger on 3/17. Trade pressures are up. Volumes are bulish.

The next target up is 4.92.

A close below 4.63 would signal lower; using that as the SL.

[3-24-22: Raise the stop to 4.75, the low of the morning.]

 

GOLD_ GCM22

Weekly – In the Feb 2022 uptrend. Trade pressures are up but declining. Volumes are bearish.

Daily – Flat. Near the end of the move down from 2050. Trade pressures are up into the neutral zone. Volumes are bearish.

The next target down is 1879.

A close above 1977 would signal a new move up.

 

SILVER_ SIK22

Weekly – In the March 2022 uptrend. Trade pressures are up but declining. Volumes are neutral.

Daily – In the move down from the 26.48 short entry. Trade pressures are now up. Volumes are bearish.

The next target down is 23.37.

The next target up is the new long entry at 25.97.