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Metals: Chop and More Chop

Ira Epstein discusses the current state of the metals markets as of April 21, 2026, highlighting significant market reversals and geopolitical events. He notes that the stock market is up following a presidential ceasefire declaration, while the euro faces downward pressure. Epstein analyzes gold's bearish trend, emphasizing its struggle to move beyond the 18-day average and its bearish momentum. He also examines the silver market's pattern of lower highs and lows, and the copper market's potential to maintain its current trend if it avoids significant declines. Epstein emphasizes the importance of upcoming economic data, including mortgage numbers and petroleum stock reports, in shaping market movements.

 

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