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COPPER_ HGZ22

Weekly – In the May 2022 downtrend. Trade pressures are up. Volumes are bullish. Resistance held.

Daily – Short. In the move down from the 11/16 entry at 3.78. Trade pressures are down. Volumes are bearish.

The next target down is 3.54. TP at 3.54.

A close above 3.72 would signal higher. Use 3.72 as SL.

[11/21/22: Lower SL to 3.60.]

[11/22/22: Stopped out at 3.60.]

 

GOLD_ GCZ22

Weekly – In the July 2022 downtrend. Trade pressures are up.  Volumes are bullish.

Daily – Flat. Near the new short entry, volumes do not confirm. Trade pressures are down into the neutral zone. Volumes are neutral.

The next target down is the new short entry at 1748. Oversold is at the 1682 level.

A close above 1768 would signal higher. Overbought is at the 1815 level.

[11/21/22: GCZ22 Short at 1748. Set SL at BE. TP @1701. Close Trade on Wednesday before TG.]

[11/22/22: Stopped out at BE. 1748.]

 

SILVER_ SIZ22

Weekly – In the May 2022 downtrend. Testing the upside resistance. Trade pressures are up. Volumes are

bullish.

Daily – Short. In the move down from the 21.33 entry on 11/17. Trade pressures are down, Volumes are bearish.

The next target down is 20.60, then 20.18. TP at 20.18.

A close above 21.67 would signal higher. Use 21.67 as the SL.

[11/21/22: Lower SL to 21.00.]

[11-22-22: Stopped out in the overnight trading @ 21.00]

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COPPER_ HGZ22

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

Daily – Flat. In the move up from the 3.64 long entry on 11/08, 11/9 SL @ BE. Trade pressures are up. Volumes are bullish.

The next target up is the 200 day MA at 4.01; now above the over bought level at 3.85.

A close below 3.78 would signal lower. The 3.30 oversold level is the target.

 

GOLD_ GCZ22

Weekly – In the July 2022 downtrend. Trade pressures are now up. Volumes are bullish.

Daily – Flat. In the move up from the 1650 long entry on 11/4. Trade pressures are up. Volumes are bullish.

PT at 1682 taken on 11/7. The next target up is 1825.

Now above the new overbought levels of 1776. A close below 1727 would signal lower.

 

SILVER_ SIZ22

Weekly – In the May 2022 downtrend. Trade pressures are up. Volumes are bullish. Testing the upside resistance.

Daily – Flat. In the 11/8 move up from the 21.14 long entry. SL hit on 11/9 at BE. Trade pressures are up. Volumes are bullish.

The next target up is 23.48.

A close b elow 21.33 would signal lower.

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COPPER_ HGZ22

Weekly – In the May 2022 downtrend. Trade pressures are up. Volumes are bullish.

Daily –  Flat, in the move up from the 3.49 long entry on 11/1. Trade pressures are now up. Volumes are bullish.

The next target up was the Profit Target at 3.61, which was met on Friday. Following that the next target up is 3.89. 3.61 is the overbought level.

A close below 3.53 would signal lower. 3.32 will be the oversold level. TP

 

GOLD_ GCZ22

Weekly – In the July 2022 downtrend. Trade pressures are up into the neutral zone. Volumes are bullish.

Daily – Long in the move up off the oversold levels at 1629 on 11/3. Trade pressures are up. Volumes are bullish.

The overbought profit target of 1678 was met and taken on 11/4.
The next target up is 1697.

A close below 1672 would signal lower. The next oversold level is 1621.

 

SILVER_ SIZ22

Weekly – In the May 2022 downtrend. Trade pressures are up. Volumes are bullish.

Daily – Long, in the move up from the 19.35 long entry on 11/01. Trade pressures are up into the neutral zone. Volumes are bullish.

The next target up is 21.39. SL at the BE , 19.35. TP at 21.39.

A close below 20.63 would signal lower. SL at the 20.63.

[11-7-22: SL at 20.63 triggered.]

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COPPER_ HGZ22

Weekly – In the May 2022 downtrend. Trade pressures are up into the neutral zone. Volumes are bearish.

Daily – Flat. In the move up inside the longer term downtrend trend. Trade pressures are down. Volumes are now bearish.

The next target down is 3.32. 3.28 is the over-sold level.

A close above 3.49 would signal higher. The over-bot area is now 3.55.

 

GOLD_ GCZ22

Weekly – In the July 2022 downtrend. Trade pressures are down but rising. Volumes are bearish.

Daily – Long. In the new move up from the 1653 entry price. Trade pressures are down. Volumes are now bearish.

1628 is the oversold level. Look for an entry in this range. The next target up is the entry price and then 1685. 1678 is the oversold level. Take profits at this level.

A close below 1621 would signal lower. Use as SL.

 

SILVER_ SIZ22

Weekly – In the May 2022 downtrend. Trade pressures are up. Volumes are now neutral.

Daily – Flat. In the move down from the 20.42 short entry on 10/7. Trade pressures are down. Volumes are bullish.

The next target down is a retest of the 17.76 target.

A close above 19.35. would signal higher. 20.36 is resistance.

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ22

Weekly – In the May 2022 downtrend. Trade pressures are down. Volumes are bearish.

Daily –  Flat. In the move up from the 3.40 breakout of the bearish pitchfork. Trade pressures are up. Volumes are bullish.

Coming off the over-sold position at 3.30. The next target up is 3.56.

A close below 3.36 would signal lower. Over-bot is at 3.54. Move stops to 3.40 as market permits.

 

GOLD_ GCZ22

Weekly – In the July 2022 downtrend. Trade pressures are down but rising. volumes are bearish.

Daily – Flat. Now over-sold. The big up bar on Friday is testing the downward trend line. Trade pressures are down but rising. Volumes are now bullish.

The next target up is 1667. Over-bot is at 1681, TP there.

A close below 1637 would signal lower.

 

SILVER_ SIZ22

Weekly – In the May 2022 downtrend. Trade pressures are down into the neutral zone. Volumes are bearish.

Daily – Long In the new move up from the 18.37 long entry on 10/21. Trade pressures are up. Volumes are bullish.

The next target up is 19.57.

Over-bought is 19.03. A close below that level would signal lower. Use as SL.

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ22

Weekly – In the May 2022 downtrend. Trade pressures are down but rising. Volumes are bearish.

Daily – Short in the new move down from the 3.45 short entry on 10-14. Trade pressures are up. Volumes are now neutral.

The next target down is 3.32, which is the oversold number. So tighten up the stops quickly. TP at 3.32.

A close above 3.48 would signal higher; use that as the SL.

[10/17/22: Lower SL to BE at 3.45.]

[10/19/22: Profit stop met at 3.32.]

 

GOLD_ GCZ22

Weekly – In the July 2022 downtrend, Trade pressures are down but rising. Volumes are bearish.

Daily – Short, from the 1688 entry on 10/10. Trade pressures are down. Volumes are bearish.

The next target down is 1637.50 which is also into the oversold area. Take profits at this level.

A close above 1651 would signal higher. Set this as SL.

[10/19/22: Profit stop met at 1637.]

 

SILVER_ SIZ22

Weekly –  In the May 2022 downtrend. Trade pressures are down. Volumes are bearish,

Daily – Short in the move down from the 10/7 entry at 20.42. Trade pressures are down and extended. Volumes are bearish.

The next target down is 17.76. Take profits at this target.

A close above 18.86 would signal higher. Set this as SL.

10/17/22: SL hit at 18.86.]

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COPPER_ HGZ22

Weekly – In the May 2022 downtrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. Still in the move up. Trade pressures are down. Volumes are bearish.

A bullish reversal of the trade pressures and the re-cross of the long entry at 3.40 would signal higher.

The next support level is 3.31.
3.21 is the oversold level.

 

GOLD_ GCZ22

Weekly – In the July 2022 downtrend. Trade pressures are rising. Volumes are still bullish.

Daily – Flat. In a pull back after the rally to the median line. Trade pressures are down into the neutral zone. Volumes are bullish.

Stopped out at the 1701 SL. The next target up is 1750.

A close below 1697 would signal lower. 1613 is the oversold level.

 

SILVER_ SIZ22

Weekly – In the May 2022 downtrend. Trade pressers are up. Volumes are bullish.

Daily – Short. In the move down from the 20.42 short entry. Trade pressures are up but declining. Volumes are neutral.

The next target down is 19.53.

A close above 20.84 would signal higher. Use this as the SL.

 

#copperfutures #goldfutures #silverfutures

 

COPPER_ HGZ22

Weekly – In the May 2022 downtrend. Trade pressures are down. Volumes are now bullish.

Daily –  Flat. In the move up off the 3.24 low pivot. Trade pressures are up. Volumes are bullish.

The next target up is the new long entry at 3.41.

A close below the  3.24 level would signal lower. Use this as the SL.

[10/4/22: long @ 3.41. Raise stop to BE, 3.41. Take profits at 3.56.]

[10/5/22: Raise the stops to 3.45.]

 

GOLD_ GCZ22

Weekly – In the July 2022 downtrend. Trade pressures are down. Volumes are now bullish.

Daily – In the new move up from the 1654 long entry. Trade pressures are up. Volumes are now bullish.

Wait for a pull back to enter near the 1660 level. The next target up would be 1686.

A close below 1622, the prior low, would signal lower. Use this as the SL.

[10/4/22: Long at the small back-test at 1666. Next target up is 1750. Set SL at 1695, the 25×5 MA]

[10/5/22: Raise the stop to 1701.]

 

SILVER_ SIZ22

Weekly – In the May 2022 downtrend. Trade pressures are in the neutral zone. Volumes are now bullish.

Daily – Flat.  In consolidation around the 18.00 level. Trade pressures are up. Volumes are now bearish.

The next target up is 20.00.

A close below 17.81 would signal lower.

[10/4/22: completely missed this trade. Flat.]

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ22

Weekly – In the May 2022 downtrend. Trade pressures are down. Volumes are bearish.

Daily – Short, in the new move down from the 3.42 entry. Trade pressures are down. Volumes are bearish.

The next target down is 3.29.

A close above 3.42 would signal higher. Use this as the SL.

 

GOLD_ GCZ22

Weekly – In the July 2022 down trend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down form the 1773 short entry on 8/18. Trade pressures are down but rising. Volum es are bearish.

The next target down is 1620.

A close above 1718 would signal higher.

 

SILVER_ SIZ22

Weekly – In the May 2022 downtrend. Trade pressures are up. Volumes are bearish.

Daily – Flat. The new short entry was signaled on 9/16 at 19.12, no entry as the daily ranges were too large. Trade pressures are down. Volumes are bearish.

The next target down is 18.23.

A close above 18.98 would signal higher.

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ22

Weekly – In the May 2022 downtrend. Trade pressures are neutral. Volumes are now neutral.

Daily – Flat in the move up off the 3.42 low pivot. Trade pressures are up. Volumes are now neutral.

The next target up is a new long entry at 3.50 which has been triggered. But overbot, wait for a cycle down on the 2 hr chart and entry on a bullish reversal.

A close below the 3.42 low pivot would signal lower. 3.30 is the over sold range.

 

GOLD_ GCZ22

Weekly – In the July 2022 downtrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 1773 short entry on 8/18. Trade pressures are down. Volumes are now bullish.

The next target down is 1620. 1651 is oversold range.

A close above 1684 would signal a retracement up of this move down.

 

SILVER_ SIZ22

Weekly – In the may 2022 downtrend. Trade pressures are rising in the neutral zone. Volumes are now neutral.

Daily – Flat. Silver has held up in the gold move down. Trade pressures are now down. Volumes are bullish.

The new long entry at 18.83 has been triggered and is now in a back-test of that breakout. Enter trade as the daily pressures reverse.

A close below 18.65 would signal lower.