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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.

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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.

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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.

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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.

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COPPERR_ HGU22

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

Daily – Flat. In the move up from the 3.35 long entry on 7/25. Trade pressures are rising into the neutral zone. Volumes are bullish.

Friday had a break out of the small bull flag at 3.51. Need a pullback to relieve the overbought pressures.

A close below 3.47 signals lower. Use this the SL.

 

GOLD_ GCZ22

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

Daily – Flat. In the move up from the July 29th entry at 1766. Trade pressures are up but pointing down. Volumes are now bearish.

The next target up is 1845. Over bought. Need a reversal of the trade pressures to re-enter.

A close below 1777 would signal lower. Use that as a SL.

 

SILVER_ SIU22

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

Daily – Flat. In the move up from the 19.33. Trade pressures are down. Volumes are bearish.

The next target up is 20.15. Need a trade pressure reversal to re-enter; below 19.00 would relieve the over bought pressure.

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COPPER_ HGU22

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

Daily – Long. In the move up from the 7/25 entry @ 3.35. Trade pressures are up. Volumes are bullish.

The next target up is 3.59.   [Take profits above 3.53.]

A close below the long entry price is the stop loss.
[7-31-22: Raise SL to 3.53]

[8-1-22: Stopped out at 3.53.]

 

GOLD_ GCZ22

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

Daily – Long. In the move up from the 7/29 entry @1766. Trade pressures are up. Volumes are bullish.

The next target up is 1787.
[Take profits above 1782.]

A close below 1744 would signal lower. Use this as the SL, raise to breakeven once outside the avg true range.

[7-31-22: Sold at 1782.]

 

SILVER SIU22

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

Daily – Long. In the new move up from the 7/28 entry @ 19.35. Trade pressures are up. Volumes are bullish.

The next target up is 20.97.
[Take profits above 20.15.]

A close below 19.35 would signal lower. Use this level as the SL.
[7-31-22: Raise SL to 20.15.]

[8-2-22: Stopped out @ 20.15.]

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COPPER_ HGU22

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

Daily – Flat. In the new move up off the 3.27 low pivot and the 3.40 long entry. Trade pressures are down but rising. Volumes are bearish.

The next target up is 3.54.  look for a back test at 3.45 and a bullish reversal to enter the trade

A close below the 3.40 long entry price would signal lower. Use this as the SL

 

GOLD_ GCQ22

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

Daily – Flat. In the move down from 1807. Trade pressures are down. Volumes are bearish.

The next target down is 1697.

A close above 1785 would signal higher.

 

SILVER_ SIU22

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

Daily – Flat. In the move down. The prior short was closed with a profit at the 19.09 target. Trade pressures are down but rising. Volumes are bearish.

The next target down is 18.28.

A close above 19.77 would signal higher.