#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

#copperfutures #goldfutures #silverfutures

COPPER_ HGH21

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

Daily – Flat. In the move up from the August 3.07 entry. Trade pressures are up. and trending. Volumes are bullish.

The next target up is 3.79.

A close below 3.27 would signal lower.

 

GOLD_ GCF21

Weekly – Still near the uptrend support line at 1767. Trade pressures are down. Volumes are bearish.

Daily – Flat. Still in the move down from the 1909 November short entry. Trade pressures are up. Volumes are bullish.

The next target down is the 1727 level.

Now in a retracement up to test the 25x5MA at 1864. A close above 1914 would put the long trade back in action.

 

SILVER_ SIH21

Weekly – Still in the May uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. Choppy. In the move down from the 24.38 short entry signal. Trade pressures are up. Volumes are bullish.

The next target down is 21.54.

A close above 25.09 would signal higher.

#copperfutures #goldfutures #silverfutures

COPPER_ HGH21

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

Daily – Flat. At the 3.41 upside target. Trade pressures are up. Volumes are bullish.

The next target up is 3.80.

A close below 3.18 would signal lower.

 

GOLD_ GCG21

Weekly – Price drops down to the uptrend support levels. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 1909 short entry. Trade pressures are down. Volumes are bearish.

The next target down is 1727.

A close above 1951 is required to restart the move up.

 

SILVER_ SIH21

Weekly – retesting the September lows. Trade pressures are down. Volumes are bearish.

Daily  -Flat. Retracing inside the 21.61 low pivot. Trade pressures are down. Volumes are now neutral and very light.

The next target down is 20.95.

A close above 24.09 would signal higher.

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ20

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

Daily – Flat. At the 3.29 target. Trade pressures are up. Volumes are bullish.

The next target up is 3.41.

A close below 3.04 would signal lower.

 

GOLD_ GCZ20

Weekly  – Remains in the July uptrend, but retracing. Trade pressures are neutral. Volujes are bearish.

Daily – Flat. Testing the 1835 downside target area and the 1848 prior lows. Trade pressures are down but reversing. Volumes are now neutral.

The next target down is that 1835 level.

[11-24-20: Breaks 1835. Next target down is now 1727.]

A close above 1937 would signal a new move up.

 

SILVER_ SIZ20

Weekly – In the May uptrend. Trade pressures are neutral. Volumes are bullish for the last three weeks.

Daily – Flat*. In the uptrend and sitting on the 23.17 support line. Trade pressures are down but reversing. Volumes are bearish.

The next target down is 22.43.

The 2 hour chart has signaled a new uptrend.  A close above 24.50 on the daily would signal a new move up.

*** Go long over the 24.37 level on the 2hour.  Alternatively look at long the swiss franc.

11-24-20: *long entry failed. The next target down is 21.54.

#copperfutures #goldfutures #silverfutures

HGZ20

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

Daily – Flat. In the move up form the 3.02 level. Trade pressures are up. Volumes are bullish. The next target up is 3.29.

A close below 2.98 would signal lower.

 

GOLD_ GCZ20

Weekly – Vaccine vs the stimulus? Trade pressures are neutral. Volumes are bullish.

Daily – Flat. Sharp reversal stops out the long trade at 1906. Trade pressures are up. Volumes are neutral.

The next target down was 1845 which was quiclyreached. The next target down is 1817.

A close above 1898 would signal a retracement move up.

 

SILVER_ SIZ20

Weekly – Same reaction as did gold. Trade pressures are neutral Volumes are bullish.

Daily – Flat. Any long entry has failed. Trade pressures are up. Volumes are neutral.

The next target down is 22.42.

A close above 26.05 is need to restart any long entry.

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ20

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

Daily – Flat. In the move up. Trade pressures are up and extended. Volumes are bullish. The next target up is 3.21 the prior high. Expect consolidation here.

A close below 3.08 would signal lower.

 

GOLD_ GCZ20

Weekly – 5 day rally. Trade pressures are up. Volumes are bullish.

Daily – Long.  In the new move up from the 1951 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 2054. Look for a pull back to enter this new long.

A close below 1906 would restart the move down.

[11-09-20: Stopped out at the 1906 level.]

 

SILVER_ SIZ20

Weekly – Breakout to the upside. Trade pressures are up into the neutral zone. Volumes are bullish.

Daily – Flat. Just touched the new long entry. Trade pressures are up. Volum es are bullish.

The next target up is the long entry at 26.05.

A close below the 25×5 MA at 24.43 would signal lower.