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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.

#copperfutures #goldfutures #silverfutures

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.

#copperfutures #goldfutures #silverfutures

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.

#copperfutures #goldfutures #silverfutures

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.

#copperfutures #goldfutures #silverfutures

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.

#copperfutures #goldfutures #silverfutures

COPPER_ HGN21

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

Daily – Flat. In the move up from the 4.12 breakout in April. Trade pressures are up and trending. Volumes are now neutral.

The next target up is 4.96.

A close below 4.41 would signal some retracement.

 

GOLD_ GCM21

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

Daily – Flat. In the new uptrend. Trade pressures are down. Volumes are bearish.

The next target up is 1773. Looking for a bullish reversal to get the daily in sync with the weekly.

The next target down is 1725.

 

SILVER_ SIN21

Weekly – Remains in the May 20202 uptrend. Trade pressures are up. Volumes are bearish.

Daily – Long. In a new move up from the 25.87 April long entry. Trade pressures are down. Volumes are bearish.

The 200 day MA support is at 25.50. look for a bullish reversal to get long.

A close below 25.00 would signal lower. Use this level as a stop for any long entry.

#copperfutures #goldfutures #silverfutures

COPPER_ HGK21

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

Daily – Flat. In the move up from the 4.03 long entry and at the 4.28 target. Trade pressures are up and trending.  Volumes are bullish.

The next target up is 4.49.

A close below 4.11 would signal lower.

 

GOLD_ GCM21

Weekly – In the Feb 2021 downtrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Pulling back inside the move p. Trade pressures are up but turning down. Volumes are bearish.

the next target down is 1746.

Look for a bullish reversal to get back in sync with the weekly. The 25×5 should be that level foe a new long. A close below 1745 would signal lower.

 

SILVER_ SIK21

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

Daily – Long. Long from 25.31. Pulling back inside the move up. Trade pressures are up but reversing.

Look for a bullish reversal in the daily for the next move up. The next target up is the prior high at 26.73.

Trade stops are set at 25.55. A close below the 200 day moving average would signal lower.

[4-28-21: Take profits @ 26.02, and roll to the July contract on a pull back.]

#copperfutures #goldfutures #silverfutures

COPPER_ HGK21

Weekly – Still in the June 2020 uptrend. Trade pressures are up but slowly declining. Volumes are bullish.

Daily – Flat. Still in the uptrend. Trade pressures are up. Volumes are bullish.

At the  4.15 upside target. The next target up is 4.28.

A close below 4.11 would signal lower.

 

GOLD_ GCM21

Weekly – Rising in the downtrend. Trade pressures are up into the neutral zone. Volumes are now bullish.

Daily – Flat. In the new uptrend. Trade pressures are up. Volumes are bullish.

The next target up is 1808.

A close below 1749 would signal lower.

 

SILVER_ SIK21

Weekly – Remains in the May 2020 uptrend. Trade pressures are now up. Volumes are still neutral.

Daily – Long. The new long entry tested the 200 Day and then moved up from there. Trade pressures are up. Volumes are bullish.

The next target up is 26.89.

A close below 25.42, the 200 day MA, would signal lower. Set stops at this level.

[4-23-21: Raise the stops to 25.55. The next target up is 26.81]