Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGN22

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

Daily – Flat. In a tight congestion area. Trade pressures are down. Volumes are bearish.

The next target up is 4.92.

A close below 4.67 would signal lower. Then the next target down is 4.55.

 

GOLD_ GCM22

Weekly – In the may 2021 uptrend. Trade pressures are up but turning down. Volumes are neutral.

Daily – Flat. In consolidation, looking for the next leg down. Trade pressures are down into the neutral zone. Volumes are bearish.

The next target down is 1874.

A close above 1936 would signal higher.

 

SILVER_ SIK22

Weekly – In the March 2022 uptrend. Trade pressures are down into the neutral zone. Volumes are also neutral.

Daily – Flat. In the move down from the 26.46 level. Trade pressures are down. Volumes are bearish.

The next target down is 23.375.

A close above25.47 would signal higher.