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COPPER_ HGU22

Weekly – In the May 2022 move down. Trade pressures are down. Volumes are now bullish.

Daily – Flat. In the new move up off the 3.27 low pivot and the 3.40 long entry. Trade pressures are down but rising. Volumes are bearish.

The next target up is 3.54.  look for a back test at 3.45 and a bullish reversal to enter the trade

A close below the 3.40 long entry price would signal lower. Use this as the SL

 

GOLD_ GCQ22

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

Daily – Flat. In the move down from 1807. Trade pressures are down. Volumes are bearish.

The next target down is 1697.

A close above 1785 would signal higher.

 

SILVER_ SIU22

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

Daily – Flat. In the move down. The prior short was closed with a profit at the 19.09 target. Trade pressures are down but rising. Volumes are bearish.

The next target down is 18.28.

A close above 19.77 would signal higher.