#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.

 

 

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ19

Weekly – Three weeks up. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the Oct 4th 2.57 long entry. Trade pressures are up. Volumes are bullish.

At the 2.65 target. The next target up is 2.73.

A close below 2.64 would signal lower.

 

GOLD_ GCZ19

Weekly – A pull back in the weekly uptrend. Trade pressures are down. Volumes are bearish.

Daily – Flat. Testing the downtrend resistance. Trade pressures are up. Volumes are bearish.

The next target down is the prior low at 1465.

A close above 1535 is required to start a new move up.

 

SILVER_ SIZ19

Weekly – In consolidation at the 17.92 up side target. Trade pressures are down into the neutral zone. Volumes are bullish.

Daily – Flat. In the move down and testing the downtrend resistances. Trade pressures are up. Volumes are bearish.

The next target down is the prior low at 16.94.

A close above 18.25 would signal higher.

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ19

Weekly – Two week rise off the 2.48 lows. Trade pressures are rising in the neutral zone. Volumes are bullish.

Daily – Flat. In the move up from the 2.57 log entry. Trade pressures are up. Volumes are  bullish.

At the target of 2.62. The next target up is 2.65.

A close below the 2.57 level would signal lower.

 

GOLD_ GCZ19

Weekly – Looks lower for the next week. Trade pressures are down. Volumes are bearish.

Daily – Flat. Still in the downtrend. Trade pressures are up. Volumes are bearish.

The next target down is 1432.

A close above 1535 would signal higher.

 

SILVER_ SIZ19

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

Daily – Flat. Sides ways for ten days. Trade pressures are up. Volumes are bearish.

The next target down is 16.53.

A close above 18.25 would signal higher.

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ19

Weekly – In consolidation after the 2.61 downside target was reached. Trade pressures are in the neutral zone. Volumes are neutral.

Daily – Flat. In the move down from the 2.62 level. Trade pressures are rising into the neutral zone. Volumes are bearish.

The next target down is 2.50.

A close above the 2.57 level would signal higher.

 

GOLD_ GCZ19

Weekly – In the move down from the 1508 weekly short confirmation. Trade pressures are up but declining. Volumes are bullish.

Daily – Flat. In a new downtrend. Trade pressures are in the neutral zone. Volumes are neutral.

The move down has met the 100% downside target and is moving higher.  The next target down is 1432.

A close above 1525 would signal higher.

 

SILVER SIZ19

Weekly – Now in consolidation after the spike high. Trade pressure are up but turning down. Volumes are neutral.

Daily – Flat. In the move down from the 18.72 short entry. Trade pressures are in the neutral zone. Volumes are bearish.

The next target down is 16.53.

A close above 18.25 would signal higher.