#copperfutures #goldfutures #silverfutures

COPPER_ HGH23

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

Daily – Long. In the move up from the 4.06 on Feb 17th. Trade pressures are up. Volumes are now bullish..

At the 4.12 upper median line resistance. Overbought levels are at 4.19.

A close below 4.07 would signal lower.  Oversold is expected at 3.98.

 

GOLD_ GCJ23

Weekly – In the January 2023 uptrend. Trade pressures have turned down to test support. Volumes are now bearish.

Daily – Flat, Still in the February 13th short entry from 1852. Trade pressures are down. Volumes are now bearish.

The next target down is 1730. Oversold levels are 1831.

A close above 1823 would signal higher. Overbought target is 1920.

 

SILVER_ SIH23

Weekly – In the December 2022 uptrend. Trade pressures are testing the uptrend support level. Volumes remain bearish.

Daily – Long. The close below 21.22 signaled profit taking. Trade pressures are down. Volumes are now bullish.

The next target down is 19.65, the oversold level.

A close above 21.70 has signaled higher. The expected price target is then 22.20.