#copperfutures #goldfutures #silverfutures

COPPER_ HGN19

Weekly – In the downtrend. Trade pressures are down. Volumes are bearish. Near the 2.59 lows.

Daily – Flat. At the 2.63 downside target. Trade pressures are down. Volumes are bearish. The next target down is 2.51.

A close above 2.66 would signal higher.

[6-3-19: The new long  signal would be a close today above 2.94(6-4-19: correction 2.64). Set the stops at the 2.61 low.]

[6-7-19: Stopped out at the 2.61 then moved higher. Flat.]

 

GOLD_ GCQ19

Weekly – Closed above recent highs. Trade pressures are up. Volumes are now bullish.

Daily – Long. Triggered the new long at 1291. Trade pressures are up. Volumes are bullish. The next target up is 1316.

A close below 1291 would signal lower.

Set the stops at 1291.

[6-3-19: Raise stops to the new short entry at 1309.]

[6-4-19: raise stops to 1321.]

[6-5-19: raise stops to the 1327 short entry.]

[6-11-19: The 1327 has been hit. Out for a nice profit.]

 

SILVER_ SIN19

Weekly – At the contract lows. Trade pressures are down. Volumes are bullish.

Daily – Long. The new long entry is triggered at 14.56. Trade pressures are up. Volumes are neutral.

The next target up is 14.76.

A close below the 14.26 low would signal lower. Set the stop at 14.26.

[6-3-19: Raise the stops to the entry price at 14.56.]

[6-5-19: Sell at the 14.76 target.]