#copperfutures #goldfutures #silverfutures

COPPER_ HGH20

Weekly – In the move up off the 2.50 lows. Trade pressures are up but declining. Volumes are bearish.

Daily – Short. In a corrective move down. Volumes are neutral. Trade pressures are up but turned down.

In the move down from the 2.84 level. The next target down is 2.76.

A close above 2.86 closing high would signal higher.

Use this 2.86 as the stop.

[1-22-20: take profits at 2.75 limit. Lower buy stop to the entry price, 2.86.]

[1-23-20: 2.75 profit limit hit.]

 

GOLD_ GCG20

Weekly – In the move up from the 1520 weekly long entry. Trade pressures are up but showing a bearish reversal. Volumes are neutral.

Daily – Flat. In the corrective move from the spike high. Trade pressures are down but rising to the neutral zone. Volumes are bullish.

In the move down from the 1593 short entry price. The next target down is 1533.

A close above 1564 would signal higher.

 

SILVER_   SIH20

Weekly – Trade pressures are still but showing a bearish reversal. Volumes are bearish.

Daily – Flat. In the move down from the spike high. Trade pressures are up. Volumes are neutral.

At the 17.70 downside target and consolidating. The next target down is 16.98.

A close above 18.24 would signal higher.

#copperfutures #goldfutures #silverfutures

COPPER_ HGH20

Weekly – Price is rejected at the resistance levels. Trade pressures are up but turning down. Volumes are neutral.

Daily – Short. In the move down from the 2.81 short entry level. Trade pressures are down. Volumes are bearish. The next target down is 2.73.

A close above 2.83 would signal higher.

Use 2.83 as the stop.

[1-7-20: Lower stop to entry price @ 2.81.]

[1-8-20: Stopped out at the 2.81 level in the overnight reversal.]

 

GOLD_ GCG20

Weekly –  In a new move up. Trade pressures are up and extended. Volumes are bullish.

Daily – Flat. In the move up from the 1474 long entry price. Trade pressures are up and also extended. Volumes are bullish.

The next target up is 1574.

A close below 1528 would signal a retracement.

 

SILVER_ SIH20

Weekly – Following gold up. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 16.91 December long entry. Trade pressures are up and extended. Volumes are bullish.

In consolidation at the 17.87 target level. The next target up is 18.84.

A close below 17.54 would signal lower.

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGH20

Weekly – In the three week rally/ Trade pressures are up. Volumes are bullish.

Daily – Flat. At the 100% target of 2.83. Trade pressures are up but declining. Volumes are bullish.

The next target up is 2.96.

At the weekly resistance. Look for a small pullback here.

A close below 2.78 would signal lower.

 

GOLD_ GCG20

Weekly – Remains in the uptrend. Trade pressures are up. Volumes are Bearish, declining.

Daily – Flat. In the downtrend. Trade pressures are up volumes are in the neutral zone and rising.

In the move down from the 1471 short entry. The first short attempt was stopped out at the 1485 upper median line.

The first target down is 1451.

The weekly pressures are up. A close above 1485 would signal higher.

[12-24-19: in the new move up off the 1485 breakout, but the trade pressures are extended; wait for the next bullish reversal after a pullback.]

 

SILVER_ SIH20

Weekly – Closed above the prior week high. Trade pressures are up. Volumes are neutral.

Daily –  Long. In the move up from the 16.92 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 17.43.

A close below 16.88 would signal lower.

!6.88 is the stop.

[12-24-19: raise the stop to the prior day’s low of 17.41.]
[12-26-19: raise stop to 17.91.]

[12-27-19: Stopped out overnight at the 17.91 level.]

#copperfutures #goldfutures #silverfutures

COPPER_ HGH20

Weekly – New weekly long signal. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 2.68 long entry. Trade pressures are up. Volumes are bearish.

Testing the August high of 2.82. The next target up is 2.83.

A close below 2.78 and the median line would signal lower. If still long this 2.78 is also the stop.

 

GOLD_ GCG20

Weekly – In the long retracement down. Trade pressures are rising into the neutral zone. Volumes are still bearish.

Daily – Short. The rally to 1491 is now in retracement from the 1471 short entry. Trade pressures are down. Volumes are bullish.

The next target down is 1451. the trend is neutral so, tight stops.

A bullish reversal would align the daily trade pressures with the weekly.
A close above 1485 would signal higher. Use that same level as the stop.

[12-19-19: stopped out @ 1485 for a loss.]

 

SILVER_ SIH20

Weekly – Remains in the long retracement after the Sept spike to 19.89. Trade pressures are down and trending. Volumes are bearish.

Daily – Flat. Attempted a new  move up but failed. Trade pressures are up and extended. Volumes are bullish.

The next target up is the long entry at 16.92.

A close below 16.66 signals lower.

#copperfutures #goldfutures #silverfutures

COPPER_ HGH20

Weekly – Rallies with the jobs report and equity markets. Trade pressures are up. Volumes are bullish.

Daily – Long. In the move up off the 2.68 entry as the daily trade pressures align with the weekly. Trade pressures are up. Volumes are bullish.

The next target up is 2.75 and the prior pivot high. Expect some consolidation at the 2.75.

A close below 2,70 would signal lower.

Set the stop at 2.70.

[12-9-19: Sell at the 2.75 target. Trade pressures are a t 100%]

 

GOLD_ GCG20

Weekly – Remains in the uptrend Trade pressures are down but rising. Volumes remain bearish.

Daily – Flat. Out of the long trade but still in the move up. Trade pressures are down. Volumes are now bearish.

The 1468 level would get the long trade going again.

A close below 1460 would signal lower.

 

SILVER_ SIH20

Weekly – The up move failed at the MA. Trade pressures are down. Volumes are bearish.

Daily – Flat. Stopped out of the long trade. Trade pressures are down. Volumes are bearish.

Silver never confirmed gold’s move up. The break of the downside 61% target sends silver lower.

The next target down is 15.68.

A close above 16.91 would signal higher.

#copperfutures #goldfutures #silverfutures

COPPER_ HGH20

Weekly – Continues trending sideways. Trade pressures are rising in the neutral zone. Volumes are neutral.

Daily – Flat. Weekly pressures are up looking for the bullish reversal on the daily. Trade pressures are down into the neutral zone. Volumes are neutral.

Support at the 2.61 level. The next long entry is at 2.68.

[12-8-19: Jobs report pops copper thru the long entry price and the 25×5 MA.]

 

GOLD_ GCG20

Weekly – side ways channel for three weeks. Trade pressures are down. Volumes are bearish.

Daily – Long. In the new contract at the 1468 entry price.. Trade pressures are down but rising. Volumes are bearish.

The next target up is 1483.

A close below the prior low would signal lower.

Use that low pivot at 1453 as the stop.

[12-5-19: Sold at 1479.80]

 

SILVER_ SIH20

Weekly – In the pull back from the spike highs of October. Trade pressures are down but rising. Volumes are neutral.

Daily – Long. In the move up from the March contract 17.11 long entry level. Trade pressures are down, but showing some divergence. Volumes are bearish.

The next target up is 17.46.

A close below 16.75 would signal lower. Use this 16.75 as the stop.

[12-6-19: Stopped out at 16.75.]

#copperfutures #goldfutures #silverfutures    [Roll to the Jan or Feb contract for these trades.]

COPPER_ HGz19

Weekly – Side ways and still in the downtrend. Trade pressures are down. Volumes are neutral.

Daily – Flat. A Trade war market. In the move down but consolidating at the 2.61 target. Trade pressures are in the neutral zone. Volumes are neutral.

The next target down is 2.53.

The next long entry up is 2.66.

 

GOLD_ GCZ19

Weekly – Retracement near over sold. Trade pressures are down. Volumes are bearish.

Daily – Long. In the move up from the 1461 long entry. Trade pressures are down into the neutral zone.

The next target up is 1483.

A close below the prior low of 1446 would signal lower. Use that 1446 as the stop.

 

SILVER_ SIZ19

Weekly – In the long retracement after the spike to $20. Trade pressures are down and extended. Volumes are neutral.

Daily – Long.  In the move up from the 16.91 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 17.32.

A close blow the 16.61 low would signal lower. Use this low as the Stop.

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ19

Weekly – In the side ways move. Trade pressures are down into the neutral zone. Volumes are neutral.

Daily – Flat. In the move down from the 2.68 short entry. Trade pressures are down. Volumes are bearish. The next target down is 2.61.

A close above 2.70 would signal higher and will also be the stop for the trade.

 

GOLD_ GCZ19

Weekly – In the move down. Trade pressures are down. Volumes are bearish.

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

A new move up has been signaled at 1461. The next target up is 1476 then 1481.

Set the stops at 1446.

A close below 1446 would signal lower.

 

SILVER_ SIZ19

Weekly – Pulling back in the uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. Still in downtrend but signaling a retracement move up from the 16.96 long entry. Trade pressures are down but rising. Volumes are bearish.

Looking for a bullish volume day. The next target up is 17.32.

A close back below 16.61 will signal a resumption of the move down. Use that as a stop.

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ19

Weekly – The moving average slope has turned neutral. Trade pressures are up. Volumes are bullish.

Daily – Flat. Stopped out of the last week’s trade at a loss. Showing some divergence that suggests the short trade may still be near. Trade pressures are up. Volumes are bearish.

The next target up is 2.77.

A close below 2.68 would signal lower, but need volume confirmation.

 

GOLD_ GCZ19

Weekly – Broke below a prior low. Trade pressures are down. Volumes are bearish.

Daily – Flat. Trade pressures near over bought. Volumes are bearish.

The next target down is 1432.

A close above 1492 would signal higher.

 

SILVER_ SIZ19

Weekly – Also continuing the move down. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from the 18.27 level. Trade pressures are down and extended. Volumes are bearish.

The next target down is 16.53.

A close above 17.50 would signal higher. Looking for a bullish reversal of the trade pressures.

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ19

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

Daily – Short. In a retracement move down inside the weekly move up. Trade pressures are down. Volumes are bearish.

Short from the 2.64 entry price. The next target down is 2.60

A close above 2.69 is the stop.

[11-6-19: Stopped out with the move above 2.69.]

 

GOLD_ GCZ19

Weekly – Remains in the consolidation at the 1508 weekly short level. Trade pressures are rising in the neutral zone. Volumes are bearish.

Daily – Flat. At the downtrend resistance level. Trade pressures are up. Volumes are bearish. Expect a move down and then wait for the bullish reversal to go long.

The next target up is 1538.

A close blow 1478 would signal lower.

 

SILVER_ SIZ19

Weekly – Rising in the neutral zone. Trade pressures are neutral. Volumes are bullish.

Daily – Flat. As with gold the resistance levels are nearby. Trade pressures are in the neutral zone. Volumes are bullish.

The next target up is 18.35.

The next target down is the short entry at 17.64.