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COPPER_ HGU20

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

Daily – Flat. In the move up from the 2.71 long entry. Trade pressures are down Volumes are bearish.

The next target down is 2.76, the new short entry.

A close back above 2.95 would restart the up trend.

 

GOLD_ GCQ20

Weekly – Big break to the upside. Trade pressures are up. Volumes are bullish.

Daily – Flat. Missed this one. Trade pressures are up and extended. Volumes are bullish.

The next target up is 2000.50.

A close below 1844 would signal a retracement down of this move up.

 

SILVER_ SIU20

Weekly – Big up week. Trade pressures are up. Volumes are bullish.

Daily – Flat. Three week rally tales price to new highs. Trade pressures are up. Volumes are now neutral, indicating some profit taking.

The next target up is 24.35.

A close below 21 .83 would signal a new short entry.

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COPPER_ GHU20

Weekly – Stalled with the equity markets. Trade pressures are up. Volumes are bearish.

Daily – Flat. In the move up from the 2.72 long entry.

Trade pressures are down in to the neutral zone. Volumes are bullish.

The next target up is 3.00.

A close below 2.76 would signal lower.

 

GOLD_ GCQ20

Weekly – 2nd week of a new uptrend. trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up. At resistance. Trade pressures are down. Volumes are bearish.

The next target up is 1836.

A close below 1766 would signal lower.

 

SILVER_ SIU20

Weekly – Continues to rally. Trade pressures are up. Volumes are bullish.

Daily – Flat. Above the 19.50 target and in consolidation. Trade pressures are up but reversing. Volumes are bullish.

The next target up is 20.31.

A close below 18.03 would signal lower.

 

 

 

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COPPER_ HGU20

Weekly – Three weeks into the weekly uptrend. Trade pressures are up. Volumea are bullish.

Daily – Flat. In the move up off the 2.72 new long entry at 2.72. Trade pressures are up. Volu mes are bullish.

The next target up is 2.91.

A close below 2.70 would signal lower.

 

GOLD_ GCQ20

Weekly – Testing the weekly resistance lines at 1801. Trade pressures are up. Volumes are bullish.

Daily – Flat. Beginning a retracement. Trade pressures are up but reversing. Volumes are bearish to neutral.

The next target up is 1836.

A close below 1794 is the new short entry.

 

SILVER_ SIU20

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

Daily – Flat. Met the 161% upside target. Trade pressures are up. volumes are bullish.

The next target up is 19.50.

A close below 17.68 would signal lower.

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COPPER_ HGU20

Weekly – In the move up after the break into a new uptrend. Trade pressure are up. Volumes are bullish.

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

The next target up is the 2.78 162% target.

In a retracement now. A close below 2.59 would signal lower.

 

GOLD_ GCQ20

Weekly – Still testing the downtrend resistances. Trade pressures are up. Volumes are bullish.

Daily – Flat. After the 1807 high now in retracement. Trade pressures are down into the neutral zone.

The next target up is 1836.

A close below 1772 would signal lower.

 

SILVER_ SIU20

Weekly – six weeks into the new uptrend. Trade pressures are up but diverging. Volumes are bullish.

Daily – Flat. In the move up but retracing. Trade pressures are down. Volumes are bearish.

The next target up is 19.10.

A close below 17.26 would signal lower.

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COPPER_ HGU20

Weekly – A breakout to form a new weekly uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. Remains in the April move up. Trade pressures are up and extended. Volumes are bullish.

The next target up is the 2.71 prior high.

A close below 2.48 would signal lower.

 

GOLD_ GCQ20

Weekly – Another of the many tests of the upside resistance. Trade pressures are now up. Volumes have returned to bullish.

Daily – Long. The 1753 level is a new long entry. Trade pressures are up but reversing. Volumes are bullish. May want to wait for the daily trade pressures to reverse and get back in sync with the weekly upward trade pressures.

The next target up is 1836.

A close below the 25×5 MA at 1738 would signal lower.

Make this 1738 the stop.

[6-29-20: Raise the stop to breakeven at 1753.]

[6-30-20: Raise stop to 1767, the 200 bar MA.] [6-30-20: 10.15 am CST. Now raise the stops to 1796.]

 

SILVER_ SIU20

Weekly – Slightly ahead of gold and in the uptrend. Trade pressures are up but reversing. Volumes remain bullish.

Daily – Flat. In the move up from the May 15.97 long entry. Trade pressures are up but very volatile. Volumes are bullish.

The next target up is 19.50, just above the prior high at 19.10.

A close below 17.26 would signal lower.

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COPPER_ HGN20

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

Daily – Flat. In the move up from the 2.34 April Long entry. Trade pressures are up. Volumes are bullish.

The next target up is 2.76.

A close below 2.47 would signal lower.

 

GOLD_ GCQ20

Weekly – Ten weeks in the 1700-1800 channel. Trade pressures are rising into the neutral zone. Volumes remain bearish.

Daily – Flat. In the rising pitchfork. Trade pressures are up. Volumes are bullish. The next target up is 1787.

A close below 1748 would signal lower.

 

SILVER_ SIN20

Weekly – Four weeks into the new uptrend. Trade pressures are up but reversing. Volumes are bullish.

Daily – Flat. In the move up from the 17.27 entry price. Trade pressures are declining into the neutral zone.

The next target up is 18.05.

A close below 17.11 would signal a new move lower.

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COPPER_ HGN20

Weekly – Testing the resistance of the downtrend. Trade pressures are up. Volumes are now bearish.

Daily – Flat. The retracement has moved price down to the new short entry at 2.63, but no close below. Trade pressures are up but reversing. Volumes are neutral.

The next target down is 2.47.

Still above the support at 2.56.

 

GOLD_ GCQ20

Weekly – The $1800 resistance line has held for 10 weeks. Trade pressures are down. volumes are bearish.

Daily – Flat. In a counter trend rally from 1699. Trade pressures are up but reversing. Volumes are bullish.

The next target up is 1781.

A close below 1684 would put the daily in sync with the weekly and signal lower.

 

SILVER_ SIN20

Weekly – Silver breaks thru the resistance and forms a new uptrend. Trade pressures are up but reversing. Volumes are bullish.

Daily – Flat. Attempted a move up but stopped on Thursday with the equity down day. Trade pressures are up but rending down. Volumes have been bearish for the last 8 days, but no new short signal.

The next target up is 19.35.

A close below 17.11 and the 200 day MA at 17.23 would signal lower.

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COPPER_ HGN20

Weekly – The rally in side the down trend continues. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 2.23 second leg entry and at the 100% target of 2.53. Trade pressures are up and extended. Volumes are bullish.

The next target up is 2.78.

Resistance here at the 200 day MA. Expect consolidation and retracement.

A close below 2.45 would signal lower.

 

GOLD_ GCQ20

Weekly – A weekly close below the the two prior closes. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 1707 short entry. Trade pressures are down. Volumes are bearish.

At the 50% target. The next target down is 1654.

A close above 1783 would signal higher.

 

SILVER_ SIN20

Weekly – The weekly closed lower but the net volume for the week was bullish. Trade pressures are up. Volumes remain bullish.

Daily – Flat. In a retracement of the this move up. Trade pressures are down. Volumes are bearish.

The next target up is 19.35.

A close below 17.11 would signal a new short entry.

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COPPER_ HGN20

Weekly – Still tracking along the Median line at the 2.40 level. Trade pressures are up. Volumes are bullish.

Daily – Flat.  In the move up[ from the 2.23 level. Trade pressures are up. Volumes are bullish.

The next target up is 2.62.

A close below 2.31 wopuld signal lower.

 

GOLD_ GCQ20

Weekly – In the move up inside the longer term downtrend. Trade pressures are down into the neutral zone. Volumes remain bullish.

Daily – Flat. Side ways for two months. Trade pressures are up. Volumes are beariosh.

The next target down is 1654.

A close above 1779 would signal higher.

 

SILVER SIN20

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

Daily – Flat. In the move up pff the 15.79 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 19.35.

A close below 16.84 would signal lower.

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGN20

Weekly – Tracking the median line at 2.40. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the March entry at 2.08. Trade pressures are up. Volumes are bearish.

The next target up is 2.42 once again.

A close below 2.31 would signal lower.

 

GOLD_ GCM20

Weekly – Testing resistance. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move down from the 1732 short entry level. Trade pressures are down. Volumes are bearish.

The next target down is 1675.

Another close above 1753 would signal higher.

 

SILVER_ SIN20

Weekly – Testing resistance. Trade pressures are up. Volumes are now bullish..

Daily – Flat. Trade pressures are up but declining. Volumes are now neutral.

The next target up is 20.20.

A close below 16.42 would signal lower.