Metals seem to have bottomed out

Silver XAGUSD seems to have formed an Inverse Shoulder- Head-Shoulder pattern with rather flat Shoulders and Neckline, however, a bit unusual. A close above the Neckline confirms the break out with potential to around USD 24.85/oz. It most likely wouldn’t be without a struggle since there is some resistance from the 55 SMA coming down.
A close below the right shoulder low at USD22.20 will demolish the rebound scenario.

Platinum has formed an Inverse Shoulder- Head-Shoulder pattern, broken above the neckline and is now set for higher levels. Measuring from the Head to the Neckline give us a price target around USD 1.100 which is also roughly where the 200 Simple Moving is offering some resistance.
A close below the right shoulder low at 939 will demolish the rebound scenario.

Palladium

After being range bound between USD 1.827 and 2.080 for a few weeks Palladium closed above the resistance and could be set for a push higher. If the move should be as big as the range (2.080-1.827 = 253) we could see Platinum reach USD 2.333 which is close to the 76.4 Fibo retracement of the September sell-off. There is however, resistance at around 61.8 retracement at around 2.243 where 55 SMA also seems to offer some resistance.
Strong resistance at around USD 2.500. A close below 2.028 is likely to demolish the rebound scenario.

Copper has broken out of a triangle like pattern and above strong resistance at around USd 447/t. Next resistance at around 432.75. However, this break out could test previous All time highs at around 488.80.

On the weekly chart Copper is close to break back above the rising trend line. RSI has broken its falling trend and is close to be breaking back above 60 threshold with no divergence meaning seeing new highs is not unlikely.