#copperfutures #goldfutures #silverfutures

COPPER_ HGZ19

Weekly – In consolidation. Trade pressures are in the neutral zone. Volumes are bullish.

Daily – Short. In the move down from the 2.63 level. Trade pressures are down. Volumes are bearish.

The next target down is 2.54.

A close above 2.62 would signal higher and is also the stop price.

[10-2-19: spiked down to 2.51. Lower stops to 2.57. Take profits on any revisit to 2.51.]

[10-3-19: stopped out at 2.57.]

 

GOLD_ GCZ19

Weekly – Sitting on the MA at 1508. Trade pressures are up. Volumes are bearish.

Daily –  Flat. In the move down but at the median loine support. Trade pressures are down into the neutral zone. Volumes are bullish.

Lower highs. Looking  for a 3 to 5 day rally then a possible short entry at the 1513 entry price.

The next target down is 1477.

A close above 1558 would signal higher.

 

SILVER_ SIZ19

Weekly – In consolidation at the 17.91 target level. Trade pressures are up. Volumes are bearish.

Daily – Flat. In the move down with a short pullback to test the new long entry then failed. Trade pressures are down into the neutral zone. Volumes are bearish.

A new short entry at 18.27. Now at the 17.49 target. The next target down is 16.53

A close above 18,71 would signal higher.

Stops at 18.27 foe a breakeven.