#copperfutures #goldfutures #silverfutures

COPPER_ HGH23

Weekly – In the January 2023 uptrend. Trade pressures are now neutral. Volumes are now bearish.

Daily – Short. In the move down from the 4.22 short entry on Jan 19. Trade pressures have risen into the neutral zone. Volumes remain bearish.

At the 4.02 target. Oversold levels are at 3.94.

A close above 4.06 would signal higher. Overbought is expected at 4.31.

 

GOLD_ GCJ23

Weekly – In the January 2023 uptrend. Trade pressures are up but turning down. Volumes are now bearish.

Daily – Short, in the February 2nd short entry at 1946. Trade pressures are down. Volumes are now bearish.

The next target down is 1852. Oversold levels are 1859.

A close above 1887 would signal higher. Overbought target is 1968.

[2/13/23: Set SL at 1917.]

[2/16/23 set SL at 1854.]

 

SILVER_ SIH23

Weekly – In the December 2022 uptrend. Trade pressures are up but declining. Volumes are now bearish.

Daily – Short. The close below 22.88 signaled lower. Trade pressures are down. Volumes are bearish.

The next target down is 21.69. Oversold is at 21.22.

A close above 22.25 would signal higher. The expected price target is then 23.88.

[2/13/23: Set SL 22.40. Take profit at 21.22]

[2/16/23 Set SL at 21.81.]

[2/1//23: Profit stop hit at 21.22.]