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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.

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ22

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

Daily – Long. In the new move up from 3.52 after being stopped out at the 3.46 level. Trade pressures are up. Volumes are bullish.

The next target up is 3.68 and would be an overbought level. Take profits there.

A close below 3.53 would signal lower.

[9/12/22: Raise SL to 3.58.]

 

GOLD_ GCZ22

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

Daily – Long. In the new move up from the 1731 level. Trade pressures are up. Volumes are bearish.

The next target up is 1763 and would also be an over bought level. Take profits there.

A close below 1715 would signal lower.

[9/12/22: Sell gold at mkt ,1735.]

 

SILVER_ SIZ22

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

Daily – Flat. In a small move up but the trigger for a new long is 18.83. Trade pressures are up. Volumes are bullish.

The next target up is the 19.16.

A close below 18.32 would signal lower.

 

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COPPER_ HGZ22

Weekly Continues the May 2022 downtrend, Trade pressures are in the neutral zone. Volumes are now bearish.

Daily – Short. In the new move down from the 3.42 entry on 9/1. Trade pressures are down. Volumes are bearish.

The next target down is the prior low at 3.13 then 3.05.  The OverSold level is 3.32, so lower stops aggressively.

A close above 3.46 would signal a new move up. Use this level as the SL.

 

GOLD_ GCZ22

Weekly – In the July 2022 downtrend. Trade pressures are in the neutral zone. Volumes are bearish.

Daily – Flat.  At the oversold level of 1704. Trade pressures are down but rising. Volumes are now bullish.

The new long entry is a close above 1731.

A close below 1707 signals a short. Use this level as the SL. High inverse correlation to the USD.

[9-7-22: New long entry @1721.] [Raise SL to BE, 1721.]

 

SILVER_ SIZ22

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

Daily – Flat. In the move down below the July low of 1808. Trade pressures are down but rising. Volumes are bearish.

The next target down is 17.58 which should act as support.

A close above 18.26 would signal a new long entry.

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COPPER_ HGZ22

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

Daily – Flat. Breaks above the June august trendline. Trade pressures are up. Volumes are now bearish.

The next target up is 4.00.

At the 3.67 target with some room above, but expect some retracement here.

 

GOLD_ GCZ22

Weekly – In the July 2022 downtrend. Trade pressures are up but turned down with the FED speech. Volumes are now bearish.

Daily – Flat. The move up from 1751 is stopped out at the BE of 1751. Trade pressures are up, but turning down. Volumes are bearish.

The next target down is 1722.

A close back above 1755 would restart the move up.

 

SILVER_ SIZ22

Weekly – Remains in the May 2022 downtrend. Trade pressures are in the neutral zone. Volumes are bearish.

Daily – Flat. In the move down from the 19.80 on 8/17. Trade pressures are rising into the neutral zone. Volumes are bearish.

The next target down is 18.12.

A close above 19.51 would signal higher.

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COPPER_ HGU22

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

Daily – Flat. Consolidating at the 3.69 target. Trade pressures are up into the neutral zone. Volumes are neutral.

The next target up is 3.71.

A close below 3.60 would signal lower.

 

GOLD_ GCZ22

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

Daily – Short. In the move down from the 1773 short entry. Trade pressures are down. Volumes are bearish.

The next target down is 1722.

A close above 1770 would signal higher. Use 1770 as the SL.

[8-22-22: take profits near the 1722. New long entry/SL at 1751.]

 

SILVER_ SIU22

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

Daily – Short. In the new move down from the 19.72 short entry on 8/17. Trade pressures are down Volumes are bearish.

The next target down is 18.58.

A close above 19.34 would signal higher: use this as a SL.

#copperfutures #goldfutures #silverfutures

COPPER_ HGU22

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

Daily – Flat. In the move up from the 3.34 entry on 7/26. Trade pressures are up. Volumes are bullish.

The next target up is the 3.71 prior high pivot.

Price is at the 3.67 target, expect retracement and consolidation here. A close below 3.63 would signal lower.

 

GOLD_ GCZ22

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

Daily – Flat. In the move up from the 1766 long entry on 7/28. Trade pressures are up but showing divergence. Volumes are bullish.

Just breaking above the 2 hour resistance. The next target up is 1845. Showing uptrend over-bot.

A close below 1798 would signal lower.

 

SILVER_ SIU22

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

Daily – Flat. In the move up from the 7/28 long entry at 19.44. Trade pressures are up. Volumes are bullish.

The next target up is 20.98.

A close below 20.43 would signal lower. Use 20.53 as the SL.