Rick Ducat Analyzes Metals Charts

Rick Ducat explains the chart of gold futures, which has been down about 19% from its August highs. He shows the support level of 1670 and is watching for a potential bearish MACD crossover. He sees a strengthening downtrend in the ADX, the average directional index. Next he shows the silver futures chart, with a sideways trend with a bullish falling wedge pattern. Lastly he analyzes the chart of copper futures.

Futures

31 Mar 2021

ON AIR
7:00 am
Futures

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Rick Ducat Analyzes Metals Charts

Rick Ducat explains the chart of gold futures, which has been down about 19% from its August highs. He shows the support level of 1670 and is watching for a potential bearish MACD crossover. He sees a strengthening downtrend in the ADX, the average directional index. Next he shows the silver futures chart, with a sideways trend with a bullish falling wedge pattern. Lastly he analyzes the chart of copper futures.

Futures

31 Mar 2021

ON AIR
7:00 am
Futures

Get Market Minute

Daily insights for every investor

FOLLOW US