Copper (MAR)
Copper is up 90% since its last low in March 2020.
Our medium upside target was 3.67.
We go to 3.64 before it stalled and since Copper has been trading in a range.
The direction based on the overall technical model is not entirely clear.
We get technically again a sell signal on a close below 3.57.
Gold (APR)
GMTT called the low in Gold around 1764 and we have been long several times since.
Now long again from 1901 and we get a next upside target of 1986.
Raise the suggested sell stop to 1936.
Silver (MAR)
Here we called the low at 23.15 and late last year we gave a medium upside target of 32.00 and higher.
This morning Silver is trading around 27.60 which is so far a move of close to 20% from its last low.
Suggesting raising the protective sell stop to 26.15.
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Copper Jan 5 2020
