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COPPER_ HGN22

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

Daily – Long . Bullish reversal on 5-27 of the Trade pressures; which are now up. Volumes are now neutral.

Two day rally June 1st and 2nd moved price above the 4.49 target. The next target up is 4.60.

Now in pullback. The close below 4.48 starts the retracement. The next target down is 4.40.

 

GOLD_ GCQ22

Weekly – Testing the support of the May 2021 uptrend. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. Testing the new long entry at 1872, but not yet. Trade pressures are up. Volumes are bullish.

The next target up is 1952.

Support at the 1846 level. short if this gives way.

 

SILVER_ SIN22

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

Daily – Flat. In the consolidation around the 21.93 long entry price. Trade pressures are up. Volumes are bullish.

The next target up is 23.40.

A close below21.74 would signal lower and a stop to any long position.

 

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COPPER+ HGN22

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

Daily – Flat. In the move up from the 4.26 long entry; prior attempts have been stopped out at break evens. Trade pressures are up. Volumes are bullish.

The next target up is 4.49.

SA close below 4.25 would signal lower. Use theis level as the SL.

 

GOLD_ GCQ22

Weekly – This August contract is in the May 2021 uptrend. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. In the move up after breaking the downward trend line. Trade pressures are still down. Volumes are bullish.

The next target up is the long entry at 1872.

A close below 1816 would signal lower. Use this as a SL.

 

SILVER_ SIN22

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

The long trade at 21.93 was stopped out at breakeven; it was fighting the weekly downtrend. A pullback below 21 could be another buy opportunity if the weekly improves.

A close below 20.80 would signal lower once again.

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COPPER_ HGN22

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

Daily – Long. In the new move up from 4.26. Trade pressures are up. Volumes are bullish.

The next target up is 4.49. Take profits early as the weekly is down.

A close back below 4.22 would signal lower and is the SL.

[5-23-22: Raise the SL to the 4.26 breakeven.]
[5-24-22: Stopped out at breakeven.]

 

GOLD_ GCM22

Weekly – In the May 2021 uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down, but has broken out of the down channel. Trade pressures are up. Volumes are bullish.

The next target down is a retest of the 1812 downside target. But buy at a back test of the channel line and the lower median line below 1812.

A close above 1865 would confirm the move up off the 1785 low.

 

SILVER_ SIN22

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

Daily – long. In the new move up from the 21.93 long entry on 5-19-22. Trade pressures are up. Volumes are bullish.

The next target up is 23.44.

A close below the 20.42 weekly low would signal lower.

set SL at 21.25.

[5-26-22: Raise stop to breakeven.]

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COPPER_ HGN22

Weekly – In a new downtrend from Mat 2022. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 4.72 short entry on April 19th. Trade pressure are dwomn but rising. Volumes are bearish.

The next target down is 3.95.

A close above 4.26 would signal higher..

 

GOLD_ GCM22

Weekly – In the May 2021 weekly uptrend and at support. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 1958 short entry on 4/20. Trade pressures are down. Voumes are bearish.

The next target  down is 1781.

A close above 1825 would signal a new move up.

 

SILVER_ SIN22

Weekly – As with gold, silver in a new downtrend as May 2022. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 25.72 short entry on April 19. Trade pressures are down. Volumes are bearish.

The next target down is 19.07.

Need a close above the 21.50 former support line to start a new move up.

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COPPER_ HGN22

Weekly – IN the June 2020 uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 4.74 level. Trade pressures are down but rising. Volumes are bearish.

The next target down is 3.96.

A close above 4.43 would signal higher.

 

GOLD_ GCM22

Weekly – In the May 2021 uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. Still in the move down from the 1958 short entry of 4/19. Trade pressures are just now up. Volumes are bearish.

The next target down is, first, the prior low at 1849, then the 1812, the 100% target.

A close above 1892 would signal higher.

 

SILVER_ SIN22

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

Daily – Flat. In the move down from the 25.72 short entry on 4/19. Trade pressures are dwon. Volumes are bearish.

The next target down is 21.50 support level.

A close above 22.22 would signal higher, especially if the 21.50 support holds.

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COPPER_ HGN22

Weekly – Still in the June 2020 up trend, but hard down this past week. Trade pressures are down. Volumes are bearish.

Daily  – Flat. The break down of the the 4.74 short entry set the 4.31 downside target. Trade pressures are down. Volu es are bearish.

The next target down is 4.31.

A close above 4.42 would signal a retracement up of the move down.

 

GOLD_GCM22

Weekly – In the February 2022 Uptrend. Trade pressures are down Volumes are bearish.

Daily – Flat. In the move down from the April 29th short entry at 1958. Trade pressures are down but rising into the neutral zone. Volumes are now neutral.

The next target down is 1814.

A close above 1940 would signal higher.

 

SILVER_ SIN22

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

Daily – Flat. In the  move down from the March 9th short entry at 26.51. Trade pressures are down. Volumes are bearish.

The next target down is prior low of 21.50.

A close above the 24.13 would signal higher.

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COPPER_ HGN22

Weekly – In the July 2020 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Short. In the new move down from the 4.72 short entry on 4/7. Trade pressures are are rising into the neutral zone. Volumes are bearish.

The next target down is 4.57, which is the low end of the risk range. Take profits there.

A close above 4.76 would signal higher.

This trade is a speculative trade against the weekly trade pressures; so tight stops , use 4.76 as the SL.

[4-41-22: Lower the stop to 4.72, the breakeven.]

[4-12-22: Stopped out at breakeven.]

 

GOLD_ GCM22

Weekly – In the May 2021 uptrend. Trade pressures are down into the neutral zone. Volumes are bullish.

Daily – Flat. Still showing lower highs. Trade pressures are up and extended. Volumes are bullish.

The next target down is 1879.

A close above the 1972 prior high would signal higher.

[4-12-22: Long at 1972. Set SL at 1938.]

[4-13-22: Raise stops to breakeven, 1972] [ noon, now at high end of the range. raise stops to 1981.]

 

SILVER_ SIK22

Weekly – In the March 2022 uptrend. Trade pressures are down. Volumes are bullish.

Daily – Flat. In the move down from 26.46 on 3/9. Trade pressures are up. Volumes remain neutral.

The next target down is 23.37.

A close above 25.47 would signal a new move up.

[4-12-22: Long at 25.47. Set the SL at 25.02.]

[4-13-22: Raise stops to breakeven, 25.47.]

[4-14-22: stopped out at a breakeven.]

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COPPER_ HGN22

Weekly – In the June 2020 uptrend. Trade pressures are up. Volumes are neutral.

Daily – Flat. In a tight congestion area. Trade pressures are down. Volumes are bearish.

The next target up is 4.92.

A close below 4.67 would signal lower. Then the next target down is 4.55.

 

GOLD_ GCM22

Weekly – In the may 2021 uptrend. Trade pressures are up but turning down. Volumes are neutral.

Daily – Flat. In consolidation, looking for the next leg down. Trade pressures are down into the neutral zone. Volumes are bearish.

The next target down is 1874.

A close above 1936 would signal higher.

 

SILVER_ SIK22

Weekly – In the March 2022 uptrend. Trade pressures are down into the neutral zone. Volumes are also neutral.

Daily – Flat. In the move down from the 26.46 level. Trade pressures are down. Volumes are bearish.

The next target down is 23.375.

A close above25.47 would signal higher.

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COPPER_ HGN22

Weekly – In the June 2020 uptrend. Trade pressures are up. Volumes are neutral.

Daily – Flat. Out of the long trade at 4.75. Trade pressures are now down. Volumes are neutral.

The next target up is 4.92.

A close below 4.68 would signal lower.

 

GOLD_ GCM22

Weekly – In the Feb 2022 uptrend. Trade pressures are up but turning down. Volumes are now neutral.

Daily – Flat. In the retracement move up after the sell-off from2082. Trade pressures are up. Volumes are bullish.

The next target down is 1879.

The next target up is the new long entry at 1977.

 

SILVER_ SIK22

Weekly – In the March 2022 uptrend. Trade pressures are up but turning down. Volumes are now neutral.

Daily – Flat. Also in the retracement up after the sell-off from 27.49. Trade pressures are up. Volumes are bullish.

The next target down is the prior pivot at 24.55.

A close above 25.97 would signal a new long trade.

 

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COPPER_ HGN22

Weekly – Remains in the June 2020 uptrend. Trade pressures are up. Volumes are neutral.

Daily – Long in the new move up from the 4.68 trigger on 3/17. Trade pressures are up. Volumes are bulish.

The next target up is 4.92.

A close below 4.63 would signal lower; using that as the SL.

[3-24-22: Raise the stop to 4.75, the low of the morning.]

 

GOLD_ GCM22

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

Daily – Flat. Near the end of the move down from 2050. Trade pressures are up into the neutral zone. Volumes are bearish.

The next target down is 1879.

A close above 1977 would signal a new move up.

 

SILVER_ SIK22

Weekly – In the March 2022 uptrend. Trade pressures are up but declining. Volumes are neutral.

Daily – In the move down from the 26.48 short entry. Trade pressures are now up. Volumes are bearish.

The next target down is 23.37.

The next target up is the new long entry at 25.97.