#copperfutures #goldfutures #silverfutures

COPPER_ HGK21

Weekly – In the June 2020 uptrend. Trade pressures are up but declining. Volumes remain bullish.

Daily – Flat. In the move up from the 4.05 signal. Trade pressures are down. Volumes are bearish.

The next target up is 4.40.

Nearing support at 3.87. A  close below this level would signal lower

 

GOLD_ GCM21

Weekly – Moving up off the 1675 recent lows. Trade pressures are down but rising. Volumes are bearish.

Daily – Long. In the move up from the 1696 long entry. Trade pressures are up Volumes are bullish.

At the 1727 target. The next target up is 1750. Set trailing stops at 10 points below the 1730 high.

A close below 1709 would signal a new move lower.

[4-5-21: the overnight high of 1732 brought the 10 point stop up to 1722 which was stopped out in the early morning hours.]

 

SILVER_ SIK21

Weekly – Still in the 22 – 30 channel. Trade pressures are down but showing a higher low. Volumes are bearish.

Daily – Flat. In the move down and has met the 24.06 downside target. Trade pressures are up into the neutral zone. Volumes are bullish.

The next target down is the lower channel boundary at 22.

A close above 23.31 would signal higher.

 

 

 

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGK21

Weekly – In the June 2020 up trend. Trade pressures are up but rolling over. Volumes are bullish.

Daily – Flat. Now testing support. Trade pressures are down but rising. Volumes are neutral.

The next target up is 4.26.

A close below the support at 3.87 would signal lower.

 

GOLD_ GCM21

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

Daily – Flat. Looking for the next long entry at the next bullish daily reversal. Trade pressures are down. Volumes are neutral.

The next target  down is the lower median line at 1698.

The next target up is 1773.

[3-30-21: Long at 1685. Stops at 1675.] [Trail the stops with a 15 point trail.]

[3-31-21; Raise stops to a 10 point trail, now1704]

 

SILVER_ SIK21

Weekly –  Remains in the 22-28 channel. Trade pressures are up into the neutral zone. Volumes remain bearish.

Daily – Flat. In the move down from the 27.43 short entry. Trade pressures are down but rising. Volumes are bullish.

The next target down is 24.06.

A close above 26.01 would signal higher.

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGK21

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

Daily – Flat. The 4.39 high was close to the 4.40 target . Trade pressures are down. Volumes are now neutral.

The next target down is another test of the 3.98 level.

A close above the 4.10 level would resume the move up.

 

GOLD_ GCM21

Weekly – some short covering after 4 weeks down. Trade pressures are down but rising. Volumes are now neutral.

Daily – Flat. Still in the move up from the 1724 entry. Wait for a bullish daily reversal to re-enter. Trade pressures are up. Volumes are bullish.

The next target up is 1773.

A close below 1721 would signal lower.

[3-25-21: Bullish reversal. Enter buy 1700 stop.]

 

SILVER_ SIK21

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

Daily – Flat. In the down move from the 27.43 short entry. Trade pressures are up, but declining. Volumes are bullish.

the target down at 25.75 has been met, now consolidating. The next target down is 24.06.

A close above 26.42 would signal higher.

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGK21

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

Daily – Flat. In the retracement up after meeting the 3.91 downside target. Trade pressures are up. Volumes are bullish.

In consolidation, the next target up is the new long entry at 4.20.

A close below 3.94 would signal lower.

 

GOLD_ GCJ21

Weekly – In the August 2020 move down. Trade pressures are down but showing some divergence. Volumes are now bullish.

Daily – Long. The Monday last put in a weekly low. Trade pressures are up. Volumes are bearish.

At the new long entry price of 1722 and meeting some resistance.

A close below 1673 would signal lower.

[3-15-21: Long GCM21 at 1724 with a 1700.stop.]

[3-17-21: Moves up with the FED holding rates. Move Stop to breakeven, 1724.]

[3-18-21: Rallied to the 1756 resistance then turned down to stop out at the 1724 breakeven.]

 

SILVER_ SIK21

Weekly – Moving in a channel since July 2020. Trade pressures are down but rising. Volumes are bullish.

Daily – Flat. In the move down from the 27.43 short entry. Trade pressures are up. Volumes are bearish.

The next target down is 24.06.

A close above 26.82 would signal higher.

#copperfutures #goldfutures #silverfutures

COPPER_ HGK21

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

Daily – Flat. Reached the 3.91 downside target. Trade pressures are down but rising. Volumes are bearish.

The next target down is the 3.78 uptrend support line.

A close above 4.17 would signal higher.

 

GOLD_ GCJ21

Weekly – In the downtrend for three weeks. Trade pressures are down for seven weeks. Volumes remain bearish.

Daily – Flat. At the down trend line. Trade pressures are down and trending. Volumes are bearish.

The next target down is 1634.

A close above 1724 would signal a retracement higher.

 

SILVER_ SIK21

Weekly – Now in the downtrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 27.43 short entry. Trade pressures are down. Volumes are bearish.

The net target down is 24.06.

A close above 26.84 would signal higher.

#copperfutures #goldfutures #silverfutures

COPPER_ HGK21

Weekly – A doji high in the Jun 2020 uptrend. Trade pressures are up. Volumes are bearish.

Daily – Short. In the move down from the 3.14 short entry. Trade pressures are up but reversing. Volumes are bearish.

The next target down is 3.91.

A close back above 4.32 would signal a resumption of the move up. Use that as the stop.

 

GOLD_ GCJ21

Weekly – 2nd week down. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 1884 short entry. Trade pressures are down. Volumes are bearish.

The next target down is 1681.

A close above 1786 would signal higher.

 

SILVER_ SIK21

Weekly – Still holding steady in the side ways pattern. Trade pressures are up but reversing. Volumes remain bullish.

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

The next target up is the new long entry at 27.91.

The next target  down is the uptrend support at 25.60.

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGH21

Weekly – Inflation. Continuation of the Feb 8th breakout. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the Feb 5th break above the trend line. Trade pressures are up. and trending. Volumes are bullish.

The next target up is 4.40.

A close below 3.88 would signal lower.

 

GOLD_ GCJ21

Weekly – Testing the weekly support at 1771. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the January 1884 short entry. Trade pressures are down. Volumes are bullish.

At the 1763 downside target. The next target down is 1734.

A close above 1831 would signal a retracement up.

 

SILVER_ SIH21

Weekly – Continues in the Channel between 30 and 22. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the retracement move down after the spike to 30. Trade pressures are down. Volumes are bullish.

The next target  down is 26.09 which was briefly touched on Friday.

A close above 27.42 would signal a new move up.

#copperfutures #goldfutures #silverfutures

COPPER_ HJGH21

Weekly – At new highs. Trade pressures are up but reversing. Volumes are bullish.

Daily – Flat. In the Feb move up from 3.62, following the equity markets.. Trade pressures are up. Volumes are bullish.

The next target up is the 3.81 target.

A close below 3.72 would signal lower.

 

GOLD_ GCJ21

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

Daily – Flat. In the January move down from the 1884 short entry. Trade pressures are down. Volumes are now neutral.

The next target down is 1763.

A close above 1844 would signal higher.

Rising interest rates pressure the precious metals.

 

SILVER SIH21

Weekly – Remains in the May 2020 up trend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Has completed the move down to the 26.08 target. Trade pressures are rising into the neutral zone. Volumes are bullish.

The next target down is 23.41.

A  close above 27.91 would signal higher.

#copperfutures #goldfutures #silverfutures

COPPER_ HGH21

Weekly – Moving up with the equity markets. Trade pressures are up, but declining. Volumes are bullish.

Daily – Flat. Held support. Trade pressures are up. Volumes are bullish.

The next target up is 3.73, the prior high.

The support level is also the new short entry at 3.50.

 

GOLD_ GCJ21

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

Daily – Flat. In the move down form the 1884 short entry. Trade pressures are down. Volumes are bearish.

The next target down is 1763.

A close above 1870 would signal higher.

 

SILVER_ SIH21

Weekly – The Robinhood rally has faded. Trade pressures are still up. Volumes are bearish.

Daily – Flat. In the move down from the short entry at 29.27. Trade pressures are rising into the neutral zone. Volumes are neutral.

The next target down is 26.06.

A close above 27.91 would signal higher.

#copperfutures #goldfutures #silverfutures

COPPER_ HGH21

Weekly – Remains in the April 2020 up trend. Trade pressures are up but reversing. Volumes are bullish.

Daily  -Flat. Sideways to down. Trade pressures are down but turning up. Volumes are bearish.

The next target up is the prior high.

A close below 3.50 would signal lower.

 

GOLD_ GCJ21

Weekly – Still in the April 2020 uptrend, but declining toward the 1771 support. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. Sitting on the 200 day MA. Trade pressures are up. Volumes are bearish.

The next target down is 1825.

A close above 1870 1875 would restart the move up.

 

SILVER_ SIH21

Weekly – In the May 2020 up trend. Trade pressures are down but rising. Volumes are bullish.

Daily – Flat. Testing the upper median line of the downward pitchfork. Trade pressures are up. Volumes are neutral.

A close above 27.11 starts the new move up. The next target up is 27.83.

A close below 24.04 signals lower.

[1-31-21: Long at the sunday nite open @ 28.42] [Set stops at 2842.]

[2-2-21: stopped out at break even in the overnight retracement.]