#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.]

#copperfutures #goldfutures #silverfutures

COPPER_ HGH21

Weekly – Remains in the June 2020 uptrend. Trade pressures are up but reversing.

Daily – Flat. Still in the uptrend but near a reversal. Trade pressures are up. Volumes are bullish.

The next target up is 3.81.

A close below 3.50 would signal lower.

 

GOLD_ GCG21

Weekly – In the july uptrend but testing the 1767 support. Trade pressures are down. Volumes are bullish.

Daily – Flat. Still in the move down. Trade pressures are up but reversing. Volumes are bullish.

The daily pressures are now aligning with the weekly downward pressures. The next target down is 1767.

A close above 1914 would signal higher.

 

SILVER_ SIH21

Weekly – Could not make the move higher. Trade pressures are down. Volumes are bullish.

Daily – Flat. In  the move down from the 26.04 short entry. Trade pressures are up but reversing. Volumes are bullish.

The next target down is 23.00.

A close above 27.11 would signal higher.

#copperfutures #goldfutures #silverfutures

COPPER_ HGH21

Weekly – Remains in the long uptrend from late June 2020/ Trade pressures are up but reversing. Volumes are bullish.

Daily – Flat. Retracing the move up. Trade pressures are up but reversing. Volumes are bearish.

Still in the move up. The next target up is the prior pivot high at 3.73.

The next target down is the new shot entry at 350.46.

 

GOLD_ GCG21

Weekly – Testing the support levels of the July 2020 uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. The new long trigger was voided with a move below the lower median line. Trade pressures are down. Volumes are bearish.

The next target down is the prior 1767 low.

A close above 1914 once again would trigger a new long entry.

 

SILVER_ SIH21

Weekly – Looking more healthy than gold. Trade pressures are down. Volumes are bullish.

Daily – Short. In the new move down form 26.04. Trade pressures are down. Volumes are bearish.

The next target down is 23.97.

A close above 25.70 would signal higher.

#copperfutures #goldfutures #silverfutures

COPPER_ HGH21

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

Daily – Flat. Well into the move up from the 3.04 August entry. Trade pressures are up but reversing. Volumes are bearish.\The next target up is 3.81.

A close below 3.48 would signal lower.

 

GOLD_ GCG21

Weekly – Testing the support for the long July uptrend at 1767. Trade pressures are up but reversing. Volumes are bearish.

Daily – Flat. The new long entry has been triggered at 1914. Trade pressures are down. Volumes are bearish.

So no entry until both weekly and the daily trade pressures align. Need a close above the 200 day MA at 1858.

The next target down is the prior low of 1767.

 

SILVER_ SIH21

Weekly – Remains in the May 2020 uptrend. Trade pressures are up but reversing. Volumes are bearish.

Daily – In the new move down from the 26.13 short entry. Trade pressures are down hard. Volumes are bearish for the last three days.

The next target down is 23.90 then 22.93.

A close above 25.86 would restart the move up.

#copperfutures #goldfutures #silverfutures

COPPER_ HGH21

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

Daily  – Flat. In the move up from the August long entry at 3.04. Trade pressures are down. Volumes are bearish.

In consolidation. the next retracement target down is 3.14.

A close above 3.59 would signal a new move up.

 

GOLD_ GCG21

Weekly – In the long retracement since August in the uptrend. Trade pressures are up. Volumes are bearish.

Daily – Flat. In the new up trend off the 1767 low pivot. Trade pressures are up. Volumes are bullish.

The next target up is the new long entry at 1914.

A close below 1854. would resume the move down.

 

SILVER_ SIH21

Weekly – Had the same retracement that gold experienced. But now trade pressures are up. Volumes are bullish.

Daily – Flat. Testing the new long entry at 26.53. Trade pressures are up. Volumes are bullish.

Looking for the close above 26.52.

A close below the 25.64 level would signal lower.

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGH21

Weekly – In the july move up. Trade pressures are up. Volumes are bullish.

Daily – Flat. Selling off to the first support line. Trade pressures are up into the neutral zone. Volumes are neutral.

The next target up is the prior high at 3.64.

A close below 3.41 would signal lower.

 

GOLD_ GCG21

Weekly – Remains in the July move up. Trade pressures are up. Volumes are bearish.

Daily  -Flat. In the new uptrend. Trade pressures are up into the neutral zone. Volumes are bullish.

A break down below the 200 Day MA sets up the 1734 downside target.

A close above the 1914 level starts a new move up.

 

SILVER_ SIH21

Weekly – Three weeks up after the test of support. Trade pressures are up. Volumes are bullish.

Daily – Flat. Last weeks breakout attempt has resulted in a back test of the breakout. Trade pressures are down into the neutral zone. Volumes are neutral.

A breakdown of the support at 25.46 tests the 24.50 25×5 MA.

A close above 26.52 sets up a new move up.

 

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGH21

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

Daily – Flat. In the move up from the 3.04 August long entry. Trade pressures are up. Volumes are bullish.

The next target up is 3.81.

A close below 3.42 would signal lower.

 

GOLD_ GCG21

Weekly – In the July move up. Trade pressures are rising in the neutral zone. Volumes are bearish.

Daily – Retracing inside the move down. Trade pressures are up and extended. Volumes are bullish.

The next target down is 1740.

A close above 1914 would signal higher.

 

SILVER_ SIH21

Weekly – After nearing the support levels at 21.00, price has moved higher. Trade pressures are up. Volumes are bullish.

Daily – Long. In the move up after breaking the 25.52 short resistance. Trade pressures are up and extended. Volumes are bullish.

The next target up is 26.74.

A close below 24.59 would signal lower.

[12-21-20: raise stops to the uptrend support line at 26.28] -> [The afternoon spike down takes the position out at 26.28.]

#copperfutures #goldfutures #silverfutures

COPPER_ HGH21

Weekly – In the move up. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the August 3.03 long entry. Trade pressures have made a bullish reversal. Volumes are neutral.

The next target up is 3.79.

A close below 3.41 would signal lower.

 

GOLD_ GCG21

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

Daily – Flat. In the move down from the November 1917 short entry. Trade pressures are down. Volumes are bullish.

The next target down is 1740.

A close above 1914. would signal higher.

 

SILVER_ SIH21

Weekly – Also testing the uptrend support line at 20.28. Trade pressures are up into the neutral zone. Volumes are bearish.

Daily – Flat. In the move down from the November 24.39 short entry. Trade pressures are down. Volumes are now neutral.

The next target down is 21.54.

A close above 25.15 would signal higher