#copperfutures #goldfutures #silverfutures

COPPER_ HGZ22

Weekly – In the May 2022 downtrend; Testing resistance now. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 3.64 long entry on 11/08, 11/9 SL @ BE. Trade pressures are up. Volumes are bullish.

The next target up is the 200 day MA at 4.01; now above the over bought level at 3.85.

A close below 3.78 would signal lower. The 3.30 oversold level is the target.

 

GOLD_ GCZ22

Weekly – In the July 2022 downtrend. Trade pressures are now up. Volumes are bullish.

Daily – Flat. In the move up from the 1650 long entry on 11/4. Trade pressures are up. Volumes are bullish.

PT at 1682 taken on 11/7. The next target up is 1825.

Now above the new overbought levels of 1776. A close below 1727 would signal lower.

 

SILVER_ SIZ22

Weekly – In the May 2022 downtrend. Trade pressures are up. Volumes are bullish. Testing the upside resistance.

Daily – Flat. In the 11/8 move up from the 21.14 long entry. SL hit on 11/9 at BE. Trade pressures are up. Volumes are bullish.

The next target up is 23.48.

A close b elow 21.33 would signal lower.