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COPPER_ HGK23

Weekly – In the November 2022 uptrend. Trade pressures are now down. Volumes are now bearish.

Daily – Flat. In the move down from the 4.10 on Mar 2nd. Trade pressures are up into the neutral zone. Volumes remain bearish.

Still below the 4.12 25×5 MA resistance. The next target down is 4.02. Oversold is expected at 3.91. Take profits at the 3.94 level.

A close above 4.09 would signal higher.  Overbought levels will be near 4.15. Set the 4.07 as the SL.

 

GOLD_ GCJ23

Weekly – In the December 2022 uptrend. Trade pressures are down after breaking support. Volumes are now bullish.

Daily – Long, The 3/8 break down to 1813 allowed for a new long entry. Trade pressures are up. Volumes are bullish..

Near the 1869 overbought levels. Take profits here.
[3/12/23: 1869 profit stop hit.]

A close below 1875 would signal lower. Set the SL here.

Oversold target is 1809.

[3-13-23: Near new 1899 overbought levels. A close below 1906 would trigger a new short trade. Use the 1919 high as the SL, if entered. Oversold target is 1812.]

[3-14-23: Short GCJ23 @ 1906. SL at1919. TP @ 1868]

[3-15-23: After an overnight low of 1889, stopped out with a loss at 1919.]

 

SILVER_ SIK23

Weekly – In the new February 2023 downtrend. Trade pressures are below the uptrend support level. Volumes remain bearish.

Daily – Long. The trend resistance at 20.33 was breeched. Trade pressures are down but rising toward the neutral zone.. Volumes are now neutral.

The break below the support line from the September lows has moved down to test the oversold levels at the mid 19’s. The expected price target is now 21.64 which will be the new longer term entry.

This is a counter-trend trade, so keep stops close at 19.92. Move to BE asap. [3/12/23 move stop to the 20.33 BE.]

[3-13-23 Raise stops to 21.56.]

[3-14-23: Stopped out at 21.56.]

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COPPER_ HGK23

Weekly – In the November 2022 uptrend. Trade pressures are still neutral. Volumes are now bullish.

Daily – Flat. In the move down from the 4.10 on Mar 2nd. Trade pressures are down. Volumes are now bearish.

Still below the 4.12 25×5 MA resistance. The next target down is 4.02. Oversold is expected at 3.94.

A close above 4.09 would signal higher.  Overbought levels will be near 4.27.

 

GOLD_ GCJ23

Weekly – In the December 2022 uptrend. Trade pressures are down after breaking support. Volumes remain bearish.

Daily – Flat, The break above 1833 signaled higher. Trade pressures are up. Volumes are bullish..

looking for a pullback and a change in the weekly pressures to enter long. The next target up is 1887. Overbought levels are 1879.

A close below 1846 would signal lower. Oversold target is 1816.

 

SILVER_ SIK23

Weekly – In the new February 2023 downtrend. Trade pressures have broken the uptrend support level. Volumes remain bearish.

Daily – Flat. The two hour chart is basing. Trade pressures are rising to the neutral zone.. Volumes are now bullish.

Now at the support line from the September lows. A break below will test the mid 19’s.

The close above 21.35 has signaled higher. The expected price target is now 22.30 which will be the new long entry.

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COPPER_ HGK23

Weekly – In the November 2022 uptrend. Trade pressures are still neutral. Volumes are now bearish.

Daily – Flat. In the move down from the 4.10 on Feb 22th. Trade pressures are down. Volumes are now bearish.

Below the 4.12 25×5 MA resistance. The next target down is 3.77. Oversold is expected at 3.98.

A close above 4.02 would signal higher.  Overbought levels will be near 4.25.

 

GOLD_ GCJ23

Weekly – In the December 2022 uptrend. Trade pressures are testing support. Volumes remain bearish.

Daily – Flat, Still in the February 13th short entry from 1852. Trade pressures are down. Volumes remain bearish.

The next target down is 1730. Oversold levels are 1821.

A close above 1833 would signal higher. Overbought target is 1908.

 

SILVER_ SIK23

Weekly – In the November 2022 uptrend. Trade pressures are testing the uptrend support level. Volumes remain bearish.

Daily – Flat. The close below 21.22 signaled profit taking. Trade pressures are down. Volumes are now bearish.

The next target down is 19.90, the oversold level.

A close above 21.35 will signal higher. The expected price target is still 22.20.

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COPPER_ HGH23

Weekly – In the January 2023 uptrend. Trade pressures are still neutral. Volumes are now bullish.

Daily – Long. In the move up from the 4.06 on Feb 17th. Trade pressures are up. Volumes are now bullish..

At the 4.12 upper median line resistance. Overbought levels are at 4.19.

A close below 4.07 would signal lower.  Oversold is expected at 3.98.

 

GOLD_ GCJ23

Weekly – In the January 2023 uptrend. Trade pressures have turned down to test support. Volumes are now bearish.

Daily – Flat, Still in the February 13th short entry from 1852. Trade pressures are down. Volumes are now bearish.

The next target down is 1730. Oversold levels are 1831.

A close above 1823 would signal higher. Overbought target is 1920.

 

SILVER_ SIH23

Weekly – In the December 2022 uptrend. Trade pressures are testing the uptrend support level. Volumes remain bearish.

Daily – Long. The close below 21.22 signaled profit taking. Trade pressures are down. Volumes are now bullish.

The next target down is 19.65, the oversold level.

A close above 21.70 has signaled higher. The expected price target is then 22.20.

 

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COPPER_ HGH23

Weekly – In the January 2023 uptrend. Trade pressures are now neutral. Volumes are now bearish.

Daily – Short. In the move down from the 4.22 short entry on Jan 19. Trade pressures have risen into the neutral zone. Volumes remain bearish.

At the 4.02 target. Oversold levels are at 3.94.

A close above 4.06 would signal higher. Overbought is expected at 4.31.

 

GOLD_ GCJ23

Weekly – In the January 2023 uptrend. Trade pressures are up but turning down. Volumes are now bearish.

Daily – Short, in the February 2nd short entry at 1946. Trade pressures are down. Volumes are now bearish.

The next target down is 1852. Oversold levels are 1859.

A close above 1887 would signal higher. Overbought target is 1968.

[2/13/23: Set SL at 1917.]

[2/16/23 set SL at 1854.]

 

SILVER_ SIH23

Weekly – In the December 2022 uptrend. Trade pressures are up but declining. Volumes are now bearish.

Daily – Short. The close below 22.88 signaled lower. Trade pressures are down. Volumes are bearish.

The next target down is 21.69. Oversold is at 21.22.

A close above 22.25 would signal higher. The expected price target is then 23.88.

[2/13/23: Set SL 22.40. Take profit at 21.22]

[2/16/23 Set SL at 21.81.]

[2/1//23: Profit stop hit at 21.22.]

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COPPER_ HGH23

Weekly – In the January 2023 uptrend. Trade pressures are up. Volumes are now berish..

Daily – Short. In the move down from the 4.22 short entry on Jan 19. Trade pressures are down. Volumes are bearish..

The next target down is 4.02. Oversold levels are at 4.08.

A close above 4.13 would signal higher. Overbought is at 4.34.

 

GOLD_ GCJ23

Weekly – In the January 2023 uptrend. Trade pressures are up but turning down. Volumes are now bearish.

Daily – Short., in the February 2nd short entry at 1946. Trade pressures are down. Volumes are now bearish.

The next target down is 1926. Oversold levels are 1895.

A close above 1909 would signal higher. Overbought target is 1951.

 

SILVER_ SIH23

Weekly – In the December 2022 uptrend. Trade pressures are up but declining. Volumes are now bearish.

Daily – Flat. The close below 22.88 signals lower. Trade pressures are down. Volumes are bearish.

The next target down is 22.21. Oversold is at 21.28.

A close above 23.13 would signal higher. The expected price target is then 25.14.

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COPPER_ HGH23

Weekly – In the January 2023 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Short. In the move down from the 4.22 short entry on Jan 19. Trade pressures are down into the neutral zone. Volumes are neutral.

The next target down is 4.08. Oversold levels are at 4.03

A close above 4.27 would signal higher. Overbought is at 4.30.

 

GOLD_ GCJ23

Weekly – In the January 2023 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Long, in the Nov 30th long entry at 1790. Trade pressures are down into the neutral zone. Volumes are now bearish.

Overbought at 1949. The next target up is 2030.

The close below 1946 has begun a retracement of the long trade. The next target down is 1926. overbought levels are 1877.

 

SILVER_ SIH23

Weekly – In the December 2022 uptrend. Trade pressures are up but declining. Volumes are now bearish.

Daily – Flat. In the move up from the November long entry at 21.81. Trade pressures are down. Volumes are bearish.

The next target up remains the 24.77 pivot high. Still seeing lower highs here; look for retracement.

A close below 22.88 would signal lower.

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COPPER_ HGH23

Weekly – In the January 2023 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Short. In the move down from the 4.32 [Correction: 4.26] entry on 1/19/23. Trade pressures are up but declining. Volumes are bullish  but declining.

At the over bought level. The next target down is 4.02. Oversold levels are at 3.83.

A close above the pivot high at 4.35 would signal higher. Use this as the SL.

[1/23/23: Lower SL to BE at 4.32.]

[1/25/23: Lower SL to 4.25.] [1/25/23 pm CST: Stopped out.]

 

GOLD_ GCG23

Weekly – In the January 2023 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the November entry at 1713. Trade pressures are up. Volumes are bullish.

The next target up is 1956. Over bought is 1945.

A close below 1913 would signal lower. Oversold levels will be 1851.

 

SILVER_ SIH23

Weekly – In the December 2022 uptrend. Trade pressures are up but declining. Volumes are bullish.

Daily – Flat. In the move up from the November long entry at 21.81. Trade pressures are up. Volumes are bullish.

The next target up is the 24.77 pivot high. Seeing lower highs here; look for retracement.

A close below 22.88 would signal lower.

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COPPER_ HGH23

Weekly –  Breaks above the the downtrend resistance to form new uptrend. Trade pressures aare up. Volumes are bullish.

Daily – Flat. Missed the break above the 200day. In the move up from 3.88 on 1/6/23. Trade pressures are up and trending. Volumes are bullish.

The next target up is 4.30. The overbought levels are also 4.30.

A close below 4.16 would signal retracement. Oversold is at 3.65.

 

GOLD_ GCG23

Weekly – In the new January 2023 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 11/8/22 long entry. Trade pressures are up and trending. Volues are bullish.

The next target up is 1956. well above the 1911 over bought level.

A close below 1915 would signal a retracement. Oversold is at 1829.

 

SILVER_ SIH23

Weekly – In the December 2022 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from 21.81 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 25.14.

A close below 24.20 would signal retracement.

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COPPER_ HGH23

Weekly – In the May 2022 downtrend but testing the resistance. Trade pressures are now up. Volumes are bullish.

Daily – Flat. the break above the 200 day signals higher, look for the back-test. Trade pressures are up. Volumes are bullish.

The next target up is 3.95, now at overbought, so look for consolidation here.

The next target down is the 3.71 resistance.; which is also the oversold level.

 

GOLD_ GCG23

Weekly – Now in the new January 2023 uptrend. Trade pressures are up. Volumes remain bullish.

Daily – Flat. In the move up from the 1703 long entry on 11/8/22. Trade pressures are up but turning down. Volumes are bullish.

The next target up is 1913. Now above the overbought level at 1866.

A close below 1864 would signal lower, the expected oversold level is 1804.

 

SILVER_ SIH23

Weekly – In the December 2022 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the December 2022 uptrend. Trade pressures are down but rising. Volumes are bullish.

The next target up is 25.14 and a retest of the 24.77 pivot high.

A close below 22.21 would signal lower.