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COPPER_ HGK23

Weekly – In the November 2022 uptrend. Trade pressures are still neutral. Volumes are now bearish.

Daily – Flat. In the move down from the 4.10 on Feb 22th. Trade pressures are down. Volumes are now bearish.

Below the 4.12 25×5 MA resistance. The next target down is 3.77. Oversold is expected at 3.98.

A close above 4.02 would signal higher.  Overbought levels will be near 4.25.

 

GOLD_ GCJ23

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

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

The next target down is 1730. Oversold levels are 1821.

A close above 1833 would signal higher. Overbought target is 1908.

 

SILVER_ SIK23

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

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

The next target down is 19.90, the oversold level.

A close above 21.35 will signal higher. The expected price target is still 22.20.