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COPPER_ HGU21

Weekly – Rising off the support levels. Trade pressures are down but rising. Volumes remain bearish.

Daily – Long. Weekly is rising and the daily long entry is triggered at 4.33. Trade pressures are up into the neutral zone. Volumes are bullish.

The next target up is 4.60.

A close below 4.24 would signal lower.

 

GOLD_ GCQ21

Weekly – Has tested the weekly support. Trade pressures are up into the neutral zone. Volumes are neutral.

Daily – Flat. Moving up off the March trendline. Trade pressures are up. Volumes are bullish.

The next target up is the long entry at 1810.

A close below 1779 would signal a new move lower.

 

SILVER_ SIU21

Weekly – The long channel to the right remains the trend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move side ways along the 200 day MA.  Trade pressures are down. Volumes are bearish.

The next target down is the prior low at 23.78.

A close above 26.96 would start a new move up.

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COPPER_ HGU21

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

Daily – F lat. In the move down from the 5/14 short entry at 4.65. Trade pressures are in the neutral zone. Volumes are bearish.

The next target down is 3.90.

A close above 4.33 restarts the move up.

 

GOLD_ GCQ21

Weekly – Testing the support of the May uptrend. Trade pressures are down. Volumes are neutral.

Daily – Flat. In the 6/16 downtrend. Trade pressures are now up. Volumes remain bearish.

The next target down is 1738.

A close above 1825 would start a new uptrend.

 

SILVER_ SIU21

Weekly – In the May 2020 uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the long consolidation sideways. Trade pressures are up. Volumes are now neutral.

The next target down is 24.82.

Need a close above 27.09 to get a new move up.

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COPPER_ HGU21

Weekly – In the June 2020 uptrend. Trade pressures are near support. Volumes are bearish.

Daily – Flat. Moved up to the new long entry at 4.33 but was rejected. Trade pressures are now down. Volumes are neutral.

The next target down is 3.96.

The next target up is a new long entry at 4.33.

 

GOLD_ GCQ21

Weekly – Still testing support. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 1845 short entry on 6/15. Trade pressures are down. Volumes are bearish.

The next target down is 1739.

A close above 1784 would signal higher.

 

SILVER_ SIU21

Weekly – The last two weeks have been trending lower but still in the uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down form the 27.30 short entry on 6/17. Trade pressures are down but rising. Volumes are bearish.

The next target down is 24.82.

A close above 26.38 would signal higher.

 

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COPPER_ HGN21

Weekly – Moving to the support levels at 3.80. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 4.75 short entry. Trade pressures are down. Volumes are bearish.

The next target down is 4.03.

A close above 4.36 would restart the move up.

 

GOLD_ GCQ21

Weekly – Testing support at 1723. Trade pressures are down. Volumes are bearish.

Daily – In the move down from 1845. Trade pressures are down and trending. Volumes are bearish.

The next target down is 1738.

A close above 1849 would signal higher.

 

SILVER_ SIN21

Weekly – Support is at 23.84. Trade pressures are down. Volumes are now neutral.

Daily -In the move down from 27.23. Trade pressures are down. Volumes are neutral.

The next target down is 24.78.

A close above 27.80 would signal higher.

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COPPER_ HGN21

Weekly – In the June 2020 uptrend. Trade pressures are up and near the neutral zone. Volumes are bearish.

Daily – Short. In the move down from the 4.52 entry. Trade pressures are down. Volumes are bearish.

The next target down  is 4.36. Take profits at the 4.36.

A close above 4.55 would signal higher. But use the 4.52 breakeven as the stop as weekly pressures are still up.

[06-11-21: Stopped out in the premarket for a breakeven.]

 

GOLD_ GCQ21

Weekly – In the Mat 2021 uptrend. Trade pressures are up but rolling over. Volumes are bullish.

Daily – Flat. In the move up from the May 17th long entry at 1847. Trade pressures are down. Volumes are bullish.

Backtesting the breakout. the next target up is 2037.

A close below 1845 would signal a new short entry.

 

SILVER_ SIN21

Weekly – Rising in the July 2020 channel. Trade pressures are up. Volumes are now bearish.

Daily – Flat. In the move up from the April 2021 25.18 long entry. Trade pressures are up but declining. Volumes are bullish.

The next target up is 29.50.

A close below 26.82 would signal lower.

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COPPER_ HGN21

Weekly – Remains in the long uptrend from June 2020. Trade pressures are up but now declining. Volumes are bearish.

Daily – Short. The long trade failed and closed below the support level. Trade pressures are down hard. Volumes are bearish.

Wait for a bearish reversal to take the short.

[6-7-21: short at 4.52.]

A close above 4.61 would signal higher. Use as stop

[06-10-21: lower stops to the breakeven at 4.52.]

 

GOLD_ GCQ21

Weekly – In the May 2021 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Gold has bounced off the 1858 support. Trade pressures are down. Volumes are now neutral.

The next target down is the new short trigger at 1845.

A close above 1915 would signal higher.

 

SILVER_ SIN21

Weekly – Remains in the drift to the right. Trade pressures are up. Volumes are now bearish.

Daily – Flat. But testing the new short entry at 27.20. Trade pressures are down but rising. Volumes are bullish.

At the 23×5 support level a break below would test he 200 day MA at 25.95.

A close above 27.95 would trigger a short term retracement up to 28.32.

 

 

 

 

 

 

 

 

 

 

 

flat. Gold

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COPPER_ HGN21

Weekly – In the June 2020 uptrend. Trade pressures are rising into the neutral zone. Volumes are now neutral.

Daily – Long. The 4.64 level triggered the new long entry. Trade pressures are up. Volumes are bullish.

The next target up is 4.78.

A close below 4.52 would reverse the trade.

 

GOLD_ GCQ21

Weekly – A new May uptrend is established. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 5/14 1832 long entry level. Trade pressures are up but declining. Volumes are bullish.

The next target up is 1959.

A close below 1842 would signal lower.

 

SILVER_ SIN21

Weekly – Rising in the long May 2020 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the April long entry price of 25.16. Trade pressures are now down. Volumes are now neutral.

The next target up is 29.50.

A close below 27.23 would signal a move lower.

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COPPER_ HGN21

Weekly – In the June 2020 uptrend. Trade pressures are up but flattening. Volumes are bearish.

Daily – Flat. In the move down and now at the 25×5 MA. Trade pressures are down hard. Volumes are bearish.

The next target down is 4.36.

A close above 4.64 would signal higher.

 

GOLD_ GCM21

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

Daily – Flat. Still in the April 15th move up. Trade pressures are up. Volumes are bullish.

The next target up is 1903.

A close below 1818 would signal lower.

 

SILVER_ SIN21

Weekly – In the July 2020 uptrend and side ways channel. Trade pressures are up. Volumes are bearish.

Daily – In the April move up. Trade pressures are down. Volumes are bearish.

The next target up is 29.59.

A close below 23.40 would signal lower.

#copperfutures #goldfutures #silverfutures

COPPER_ HGN21

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

Daily – Flat. In the move up from the 4.20 March long entry. Trade  pressures are now down in to the neutral zone. Volumes are bearish.

The next target up is 5.35.

A close below 4.36 would signal lower.

 

GOLD_ GCM21

Weekly – Testing the February downtrend resistance. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up off the 1724 March long entry. Trade pressures are down into the neutral zone. Volumes are bullish.

The next target up is 1871.

A close below 1820 would signal lower.

 

SILVER_ SIN21

Weekly – Still in the Mat 2020 uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the March 25.15 long entry. Trade pressures are down. Volumes remain bullish.

The next target up is 29.59.

A close below 26.33 would signal lower.

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COPPER_ HGN21

Weekly – In the June 20202 uptrend. Trade pressure are up. Volumes are bullish.

Daily – Flat. In the move up from the March .422 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 4.78.

A close below 4.56 would signal lower.

 

GOLD_ GCM21

Weekly – Testing the downtrend resistance at 1870.00. Trade pressures are up. Volu\mes are bullish.

Daily – Flat. In the move up from the March 1724 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 1871.

A close below 1801 would signal lower.

 

SILVER_ SIN21

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

Daily – Flat. In the April move up from the 25.87 long entry. Trade pressures are up. Volumes are bullish.

the next target up is 27.95.

A close below 25.00 would signal lower.