#copperfutures #goldfutures #silverfutures

COPPER_ HGK19

Weekly – Six weeks testing the resistance at 2.98. Trade pressures are up but turned down. Volumes are neutral.

Daily- Flat. The short trade was stopped out at the entry price for no loss. Trade pressures are are up into the neutral zone. Volumes are now bullish.

A close above  2.93 level would signal a new long entry.

A close below the 2.89 level would signal a resumption of the short trade.

 

GOLD_ GCM19

Weekly – New June contract. Trade pressures are in the neutral zone. Volumes are bearish.

Daily – Flat. In the new move down from the 1314 short entry level. Trade pressures are down. Volumes are bearish.

1288 is the next target down.

Stops would be the 1318 reversal point with a move to the entry as soon as the average true range permits.

A close above the 1318 level would signal higher.

 

SILVER_ SIK19

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

Daily – Flat. The new move up has been voided with a close below the 14.99 low pivot. Trade pressures are down. Volumes are bullish.

In the short cycle move down from the 15.35 short entry.

The next target down is 14.84.

A close above 15.47 would signal higher.

 

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGK19

Weekly – Remains in the downtrend. Trade pressures are down into the neutral zone.  Volumes are bearish.

Daily – Short. The Thursday run up in the stock market took the copper contract up with it and almost reached the 2.97 stop, but not quite. Trade pressures are down into the neutral zone. Volumes are bearish.

The next target down is the the 2.82 daily uptrend support line; and then the 2.74 downside target.

A close above 2.94 would signal higher.

Set the new stop at the the short entry price of 2.90.

[3-29-19: Stopped out at the 2.90 entry price.]

 

GOLD_ GCJ19

Weekly – At the 1317 upside target. Trade pressures are up but declining. Volumes are neutral.

Daily – Flat. In the move down from the 1313 level. Trade pressures are up. Volumes are bullish.

A close below the 1303 level would signal a new move lower.

A close above 1321 would enter a new move up.

 

SILVER_ SIK19

Weekly – Remains in an uptrend. Trade pressures are down into the neutral zone. Volumes are bearish.

Daily – Continues to consolidate and trade around the 15.42 short entry levels. Trade pressures are up. Volumes are bearish.

The next target down is 14.09.

A close above the 15.80 level would signal higher.

#copperfutures #goldfutures #silverfutures

COPPER_ HGK19

Weekly – Still in the downtrend wit resistance at the 3.00 level. Trade pressures are up. Volumes are bullish.

Daily – Short. In the move down from the 2.90 level. Trade pressures are down into the neutral zone. Volumes are bearish. The next target down is 2.83.

A close above 2.97 would signal higher.

Stops are at the 2.97 level.

 

GOLD_ GCJ19

Weekly – In the uptrend. Trade pressures are up but turning down. Volumes are now neutral after three weeks of bearish.

Daily – Flat. In the move down from the 1313 short entry level. Trade pressures are down. Volumes are mixed, bearish and now neutral.

The prior short trade was stopped out at the 1300 level. Looking for a pullback to 1313 level. to re-enter a new short.

A close above the 1315 level would signal a new move up and there fore would act as the new stop as well.

 

SILVER_ SIK19

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

Daily – Flat. In the move down from the 15.42 level. Trade pressures are up into the neutral zone. Volumes are bearish.

The prior short trade was stopped out a t a breakeven. As with gold, looking for a re-entry.

A close above the 15.78 would signal higher and a new uptrend.

#copperfutures #goldfutures #silverfutures

COPPER_ HGK19

Weekly – Meeting upside resistance at the 3.00 level. Trade pressures are up. Volumes are now neutral.

Daily – Short. The close below 2.90 signals lower. Trade pressures are down into the neutral zone. Volumes are bearish.

The next target down is 2.82, the uptrend support line.

A close above 2.97 would signal higher.

Stops are at 2.97.

 

GOLD_ GCJ19

Weekly – Consolidating at the 1317 upside target. Trade pressures are up but rolling over. Volumes are bearish.

Daily – Flat. The  short trade was stopped out at the 1300 level for a profit. Trade pressures are down but rising. Volumes are bullish.

In the move down, but a close above 1315 would signal higher.

A close below 1284 would signal a resumption of the move down.

 

SILVER_ SIK19

Weekly – In an uptrend. Trade pressures are up but rolling over. Volumes are bearish.

Daily – Short. The short trade was entered at 15.42. Trade pressures are down but rising. Volumes are bullish.

The next target down is 14.00.

A close above the 15.50 level would signal higher.

The stop remains at the entry price, 15.42.

[3-12-19: stopped out at the 15.42 breakeven.]

#copperfutures #goldfutures #silverfutures

COPPER_ HGK19

Weekly – A resumption of the rally. Trade pressures are p. Volumes are bullish.

Daily – Flat. Near the end of the move up. Trade pressures are up and extended. Volumes are now bearish.

The next target up is 3.00.

A close below 2.90 would signal lower. Support is 2.83.

[3-8-19: traded below the 2.90. Now short. Set stops at 2.94.]

 

GOLD_ GCJ19

Weekly – The 1317 level was the consolidation area. Trade pressures are up. Volumes are now bearish.

Daily – Short. In the short trade from the 1313 entry level. Trade pressures are down. Volumes are bearish.

The next target down is the 1299 support level, then the 1263 target.

A close above 1323 would signal higher.

Set the stops to the 1313 short entry level.

[3-4-19: Lower the stops to 1300.]

[3-8-19: Stopped out at the 1300 stop. Will look for a continuation mover lower.]

 

SILVER_ SIK19

Weekly – The median line acts as resistance. Trade pressures are up but rolling over.

Daily – Short. Closed below the 15.42 support line. Trade pressures are down. Volumes are bearish.

The next target down is the lower median line at 14.82, then the 14.00 down side target.

Set stop at the short entry of 15.42.

A close above 15.68 would signal higher.

[3-12-19: stopped out at the short entry price of 15.42.]

#copperfutures #goldfutures #silverfutures

COPPER_ HGH19

Weekly – A trade tariff settlement rally week. Trade pressures are up. Volumes are Bullish.

Daily – Flat. In the move after a breakout of the 200 day MA. Trade pressures are up. Volumes are bullish.

The prior week’s look for new shorts was a mistake. The upper time frame (weekly) pressures were decidedly bullish; should not have ignored that reality.

The move up from the 2.72 long entry continues. The next target up is 2.99.

A close below 2.89 would signal lower.

 

GOLD_ GCJ19

Weekly – Traded above the 1317 upside target level. Trade pressures are up. Volumes closed the week as bearish.

Daily – Flat. Price traded above the 1336 target level. Trade pressures are up but turning down. Volumes are neutral.

The next target up is the weekly 1402 level.

A close below the 1313 level would signal lower.

 

SILVER_ SIH19

Weekly – In a long move up form the Dec 24th lows. Trade pressures are up. Volumes are now bearish.

Daily – Flat. Two attempts at a break above the 16.20 level have failed. Trade pressures are up but turning over. Volumes are neutral.

In the move up off the 15.80 long entry level. The next target up is 16.41.

A close below 15.33 would signal lower.

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGH19

Weekly – Three weeks up, but still in the downtrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In a new move down triggered at the 2.76 level.. Trade pressures are down into the neutral zone. Volumes are bullish.

The 200 day Moving average is just above at 2.83. China trade talk rumors are causing volatility. The 200 day MA should be a level to short.

The next target down is 2.63.

Stops at the 2.85 prior high.

 

GOLD_ GCJ19

Weekly – Consolidating at the 1317 upside target. Trade  pressures are up. Volumes are bullish.

Daily – Flat. Stopped out of the short trade. Trade pressures are down into the neutral zone. Volumes are bullish.

The 1319 short entry is still active. Look to lower time frames for a new short entry.

The next target down is 1300.

Stops for a short will be the 1311 high pivot.

The next target up on the longer cycle is 1336.

 

SILVER_ SIH19

Weekly – Seven weeks of a slow rise. Trade pressures are up but declining. Volumes are bullish.

Daily – Flat. In a retracement move down within a move up from the 15.66 long entry. Trade pressures are down but rising. Volumes are now bullish.

The next target up is 16.41.

A close below the 15.32 level would signal lower.

 

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGH19

Weekly – In the six month channel between 2.60 and 2.90. Trade pressures are up Volumes are bullish.

Daily – Flat. Took profits at the 2.83 upside target. Trade pressures are up. Volumes are now neutral.

Expecting retracement. 2.76 would signal a move down.

The next target up is the 2.83 target and then 2.99.

The 200 day MA is at 2.86 and would provide resistance.

 

GOLD_ GCJ19

Weekly – Consolidating at the 1317 upside target. Trade pressures are up. Volumes are bullish.

Daily – Short. In the short trade at 1319. Trade pressures are up nut turning over. Volumes are bearish to neutral.

The next target down is 1300. Take profits at this first target.

The next target up is 1336. And the stop for this short trade is also 1336.

[2-11-19: Lower the stop to 1319, the short entry price.]

[2-13-19: stopped out in the morning session at 1319.]

 

SILVER_ SIH17

Weekly – Seven weeks into this new uptrend. Trade pressures are up and trending. Volumes remain bullish.

Daily – Flat. The 16.04 target generated resistance. Trade pressures are down. Volumes are bearish to neutral.

Sitting on the 25×5 MA as support.

The next target up is 16.41.

The new short entry is at 15.32.

#copperfutures #goldfutures #silverfutures

COPPER_ HGH19

Weekly – Remains in the downtrend and below the 25×5 MA. Trade pressures are up into the neutral zone. Volumes are now bullish.

Daily – Long. In the move up from the 2.66 level, which was entered off a pullback from the 2.71 long entry trigger. Trade pressures are up. Volumes are bullish.

The next target up is the 200 day MA at 2.85.

With the S&P E-mini now at the 2721 target, raise the stops to the Friday low of 2.75.

[2-6-19: at the 2.83 target and just below the 200 day MA. raise stop to the 2.83.]
[2-6-19 PM stopped out at the 2.83 .]

 

GOLD_ GCJ19

Weekly – At the 62% upside target. Trade pressures are up and extended. Volumes remain bullish.

Support at the 200 wk MA , 1288.

Daily – Flat. Prices high was 1331, very near the 1336 upside target. Trade pressures are up. Volumes are bullish to neutral.

The next target up is that 1336. Then look for consolidation and/or retracement.

A close below 1319 would signal a small retracement to 1300. if 1300 is broken on the downside then a confirmed move down is signaled.

 

SILVER_ SIH19

Weekly – Rising in the downtrend. Trade pressures are up but tuning down. Volumes are bullish. the 200 week MA is above at 17.11.

Daily – Long. From the 15.66 long entry. Trade pressures are up. Volumes have changed from bullish to neutral.

At the old target of 16.04. The next target is 16.41.

A close below the Friday low of 15.91 would signal lower.

Raise stops to 15.91.

[2-3-19: Stopped out at the 15.91 level.]

 

 

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGH19

Weekly – Rallies back to the 200 MA. Trade pressures are down but rising. Volumes are now neutral.

Daily – Long. The long trade at 2.71 was stopped out for a loss, but a new long entry with volume at 2.66 on the 180 min chart restarts the long trade. Trade pressures are down but rising. Volumes are bullish.

The next target up is the 200 day MA at 2.86.

Stops are the 2.64 recent low pivot.

[1-30-19: raise the stops to 2.73.]

 

GOLD_ GCG19

Weekly – Contract rolls this next week. Trade pressures are up. Volumes are bullish. Sitting on the 200 Week MA.

Daily – Flat. Traded don to the 25×5 MA which acted as support. The Friday rally originated at the prior target and the 25×5. Trade pressures are down but rising. Volumes are now bullish.

The next target up is 1330.

Set any stops at the 25×5 MA @ 1283.

 

SILVER_ SIH19

Weekly – In a slow rise below the 200 MA and above the 25×5 MA. Trade pressures are up. Volumes are bullish.

Daily – Long. In the down trend and had the same pullback to the 25×5 MA as did gold. Trade pressures are up into the neutral zone. Volumes are now bullish.

The Friday rally triggers the new long entry. The next target up is the 15.95 high pivot and then the 16.41 target.

Set stops at the Friday low of 15.31.

[1-30-19: raise the stops to the entry price of 15.66.]