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COPPER_ HGK20

Weekly – Three weeks off the lows. Trade pressures are rising into the neutral zone. Volumes are neutral.

Daily – Flat. In the move up off the 2.07 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 2.36.

A close below 2.16 would signal lower.

 

GOLD_  GCM20

Weekly – Big rally as the number of new dollars are injected into the system. Trade pressures are up. Volumes are bullish but very low volumes.

Daily – Flat. In the move up from the 1634 long entry. Trade pressures are up but rolling over. Volumes are bullish.

The next target up is 1823.

A close blow 1694 would signal lower.

 

SILVER_ SIK20

Weekly – The move up off the 11.62 to 16.05 in the week. Trade pressures are up. Volumes are neutral.

Daily – Flat. In the move up from 12.98. Trade pressures are up but declining. Volumes are bullish.

The next target up is 16.90.

A close blow 14.354 would signal lower.

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COPPER_ HGK20

Weekly – Two weeks closing up. Trade pressures are turning up. Volumes are neutral.

Daily – Flat. In the move up off the 1.97 lows. Trade pressures are up. Volumes are bullish.

The next target up is 2.36.

As long as price does not go lower than the 2.08 new short entry, can go Long on the next bullish reversal now that the weekly has made a bullish reversal.

 

GOLD_ GCM20

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

Daily – Flat. Still in the move down but in a retracement up to near the 1650 short entry. Trade pressures are up. Volumes are neutral.

The next target down is 1556.

Now at the new long entry of 1634. This old short entry of 1650 and the new long entry of 1634 form a pivot point that is hard to trade. Going flat, if short, is the best advice and wait for a resolution of the this indecision.

 

SILVER_ SIK20

Weekly – The two week bounce has turned the week trade pressures while still down now turning up. Volumes are neutral.

Daily – Flat. In the move up from  the 12.95 long entry. Trade pressures are up.  Volumes are bullish.

The next target up is 16.90.

A close below 13.24 would signal lower.

 

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COPPER_ HGK20

Weekly – prior low was below 2.00. following week low was 2.02. Trade pressures are down. Volumes are now neutral.

Daily – Flat. In the move up from the 2.07 long entry. Trade pressures are rising into the neutral zone. Volumes remain bearish.

The next target up is 2.21.

A bearish reversal in the daily would align with the weekly. a close below 2.08 would signal lower.

 

GOLD_ GCM20

Weekly – The prior gold strength gave way to the demand for cash (margin calls probably). Trade pressures are rising into the neutral zone after the selloff. Volumes are neutral.

Daily – Flat. In the move up from the 1506 level. Both the daily and the weekly trade pressures are up. Volumes are bullish.

The next target up is 1665.

A close below 1650 would signal a retracement lower in the move up, likely target just below 1600 as the weekly is still bullish.

 

SILVER_ SIK20

Weekly – Big bounce after the crash to 11.61. Trade pressures are down but rising. Volumes are now neutral.

Daily – Flat. In the move up form the 12.95 level. Trade pressures are up but turning down. Volumes are bullish to neutral.

The next target up is 14.89.

A close below 13.24 would signal lower. The next trade is the next daily bullish reversal to align the daily with the weekly trade pressures.

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COPPER_ HGK20

weekly – Sharp drop. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move up from the 2.07 new long entry. Trade pressures are down but turning up.

The next target up is 2.38.

A close below the prior low would signal lower.

 

GOLD_ GCJ20

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

Daily – Flat. At the lower median line acting as support. Trade pressures are down but rising. Volumes are neutral.

The next target down is 1466.

A close above 1506 would signal higher.

 

SILVER_ SIK20

Weekly – touched the 100% fib projection. Trade pressures are down. Volumes are bearish.

Daily – Flat. Zipped down past the 13.61 162% target. Trade pressures are down but rising. Volumes are neutral.

The next target down is the weekly 11.61.

A close above the 12.12 has triggered a new long entry but the volatility is very high, so wait for the trade pressures to get above zero.

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COPPER_ HGK20

Weekly – In the move down and broken below the 2.47 target. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down after the break below the 2.53. Trade pressures are down but rising. Volumes are Bearish. The next target down is 2.36.

A close above 2.50 is required to restart any move up.

 

GOLD_ GCJ20

Weekly – Still in the weekly move up but tuned down hard as the need for cash caused selling. Trade pressures are down. Volumes are bearish.

Daily – Flat. Completed the move down form the 1674 sell signal. Trade pressures are down and oversold. Volumes are bearish. Expect consolidation here. 1510 is the next target down. A close above 1559 is required to restart any move up.

 

SILVER_ SIK20

Weekly – Ripped lower after the break of the 17.50 level. Trade pressures are down. Volumes are bearish.

Daily – Flat. Pushed down thru all targets. Trade pressures are down. Volumes are bearish. Closed below three year lows; no support.

Need a close above 14.98 to spark a relief rally.

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COPPER_ HGK20

Weekly – Moving along the 2.47 lows. Trade pressures are down but rising. Volumes are bearish.

Daily – Long. In the move up from the 2.59 long entry. Trade pressures are down. Volumes are neutral. The next target up is 2.68.

A close below 2.53 will stop the long trade and signal lower.

[3-8-20: Stopped out at 2.53 the Sun nite open.]

 

GOLD_ GCJ20

Weekly – Countering the equity moves and at highs. Trade pressures are up. Volumes are neutral.

Daily – Flat. In the move up from the 1609 new long entry. Trade pressures are up and extended. Volumes are bullish.

The next target up is 1683 which was briefly touched Friday.

A close below 1665 would signal lower.

 

SILVER_ SIK20

Weekly – Tested the 16.08 lows. Trade pressures are down. Volumes are neutral.

Daily – Flat. In the move up from 16.95. Trade pressures are up. Volumes are bearish.

Buy the next bullish reversal. The next target up is 17.86.

A close below 16.40 would signal lower and will act as the stop level.

[3-8-20: raise the stop to 17.07.]

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COPPER_ HGK20

Weekly – In a retest of the 2.49 low pivot. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. Trade down thru the new short entry, but no close below. Trade pressures are down and extended. Volumes are bearish.

The next target down is 2.47.

A close above 2.59 would signal higher.

[3-2-20: Long at the 2.59 new entry. Stops at 2.53.]

 

GOLD_ GCJ20

Weekly – A close below the prior week’s low. Trade pressures are still up, but declining. Volumes are bearish.

Daily  – Flat. In the move down from 1661; at support and oversold. Trade pressures are down. Volumes are bearish.

The next target down is 1497.

A close above 1609 would signal higher.

 

SILVER_ SIK20

Weekly – In the move down from the 18.00 area. Trade pressures are down. Volumes are bearish.

Daily  – Flat. In the move down from the 18.16 level. Trade pressures are down and oversold. Volumes are bearish.

The next target down is 15.87.

A close above 16.96 would signal higher.

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COPPER_ HGH20

Weekly – At resistance. Trade pressures are up. Volumes are neuteral.

Daily – Flat. Trade pressures are down . Volumes are bullish. In the move up from 2.58. The next target up is 2.68.

A close blow 2.53 would signal lower.

 

GOLD_ GCJ20

Weekly – Continues the rally. Trade pressures are up and have made another bullish reversal. Volumes are bullish.

Daily – Flat. Thru both the 1632 target and the 1640 target. Trade pressures are up and trending. Volumes are bullish.

The next target up is 1702.00.

The daily trade pressures are overbought, a close below 1625 would signal lower.

 

SILVER_ SIH20

Weekly – Still in the move down. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 17.83 retracement long entry . Trade pressures are up and over bought. Volumes are bullish.

The next target up is 18.72.

A close below 18.06 would signal lower.

 

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COPPER_ HGH20

Weekly – Two week rally off the 2.47 lows. Trade pressures are down but showing a bullish reversal. Volumes are neutral.

Daily – Long. In the move up from the 2.55 level. Trade pressures are up but turning down. Volumes are bullish.

The next target up is 2.67. The 120 minute chart pressures have turned down. A close below 2.53 would signal lower.

Stops are at 2.58.

[2-19-20: Stopped out at the 2.58 level.]

 

GOLD_ GCJ20

Weekly – Moving sideways. Trade pressures are still up but in a bearish reversal. Volumes are bullish.

Daily – Flat. In the move down but in a week long retracement move up. Trade pressures are up. Volumes are bullish.

The next target up is the prior 1618 high.

At resistance now. A close below 1580 the Friday low would signal a resumption of the move down.

 

SILVER_ SIH20

Weekly – In a similar retracement move up inside the larger down move. Trade pressures are down. Volumes are bullish.

Daily – Flat. In the move down from the 18.06 short entry. Trade pressures are up. Volumes are neutral.

The next target down is 17.23. A close above 18.20 would signal higher.

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COPPER_ HGH20

Weekly – Moving up off the 2.47 lows. Trade pressures are down. Volumes are bearish.

Daily – Long. In the new move up from  the 2.57 long entry price. Trade pressures are up. Volumes are bullish to neutral. The next target up is 2.66. A close below the 2.48 low pivot would signal lower. Use this 2.48 low as the stop.

[2-9-20: Long at the 2.55 entry, Set the stop at 2.48.]

[2-11-20: Raise stop to the 2.55 long entry price.]

[2-13-20: Raise stops to 2.58.]

 

GOLD_ GCJ20

Weekly – Attempting a retest of the 1618 high pivot. Trade pressures are up. Volumes are neutral.

Daily – Flat. In the move down from the spike high and the 1588 short entry. Trade pressures are up. Volumes are neutral. The 1544 downside target has been met. The next target down is 1498.

Both the daily and weekly pressures are up; and yet price is stalled. Stand aside.

 

SILVER_ SIH20

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

Daily – Flat. In the move down from the 18.06 short entry price. Trade pressures are up but turned down. Volumes are bearish.

The next target down is 16.83.

Stops at 18.35.