#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.