#copperfutures #goldfutures #silverfutures

COPPER_ HGN22

Weekly – In the May 2022 downtrend. Trade pressures are up. Volumes are neutral.

Daily – Long in the move up from the 4.26 entry on May 19th. Trade pressures are down. Volumes are bearish.

Looking for the trade pressure reversal to re-enter the long. The next target up is 4.49.

A close below the current low would signal a new move down.

 

GOLD_ GCQ22

Weekly – Rising off the May 2021 uptrend support. Trade pressures are rising to the neutral zone. Volumes are bearish.

Daily – Long. Closed above the 1872 long entry price on Friday. Trade pressures are up. Volumes are bullish.

The next target up is 1952.

A close below 1848 would signal lower.

 

SILVER_ SIN22

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

Daily – Flat. In the consolidation around the 21.93 long entry price. Trade pressures are down. Volumes are bullish.

Look for the next bullish reversal of the trade pressures.

A close below the lower median line at 21.00 would signal lower.