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COPPER+ HGN22

Weekly – In the new May 2022 downtrend. Trade pressures are down but rising. Volumes are neutral.

Daily – Flat. In the move up from the 4.26 long entry; prior attempts have been stopped out at break evens. Trade pressures are up. Volumes are bullish.

The next target up is 4.49.

SA close below 4.25 would signal lower. Use theis level as the SL.

 

GOLD_ GCQ22

Weekly – This August contract is in the May 2021 uptrend. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. In the move up after breaking the downward trend line. Trade pressures are still down. Volumes are bullish.

The next target up is the long entry at 1872.

A close below 1816 would signal lower. Use this as a SL.

 

SILVER_ SIN22

Weekly – In the new May 2022 downtrend. Trade pressures are down but rising. Volumes are bearish.

The long trade at 21.93 was stopped out at breakeven; it was fighting the weekly downtrend. A pullback below 21 could be another buy opportunity if the weekly improves.

A close below 20.80 would signal lower once again.