#copperfutures #goldfutures #silverfutures

COPPER_ HGN22

Weekly – In a new downtrend from Mat 2022. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 4.72 short entry on April 19th. Trade pressure are dwomn but rising. Volumes are bearish.

The next target down is 3.95.

A close above 4.26 would signal higher..

 

GOLD_ GCM22

Weekly – In the May 2021 weekly uptrend and at support. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 1958 short entry on 4/20. Trade pressures are down. Voumes are bearish.

The next target  down is 1781.

A close above 1825 would signal a new move up.

 

SILVER_ SIN22

Weekly – As with gold, silver in a new downtrend as May 2022. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 25.72 short entry on April 19. Trade pressures are down. Volumes are bearish.

The next target down is 19.07.

Need a close above the 21.50 former support line to start a new move up.