#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.

 

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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.

 

 

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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.]

 

 

 

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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.]

 

 

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COPPER_ HGH19

Weekly – Still below the 200 week MA. Trade pressures are down but rising. Volumes are still bearish.

Daily – Long. The close above the 2.71 long entry starts the new long trade. Trade pressures are down but rising. Need a close above the weekly 200 MA to give the all clear.

The next target up is the 200 day MA at 2.88.

Stops are the 2.64 low, moving up to the 200 day MA at 2.67 asap.

[1-24-19: stopped out at the 2.64 level.]

[1-25-19: 4 pt rally in the am on the FED news of slowing the balance sheet reductions. 2.66 is the new long entry.]

 

GOLD_ GCG19

Weekly – Remains above the 200 week MA. Trade pressures are up. Volumes are bullish.

Daily – Flat. After rallying up and above the 200 day MA and the 1282 upside target, a pullback appears in the making. Trade pressures are up but turning down. Volumes are now bearish.

The next target up is 1330.

A close below 1263 and the 200 day MA would signal lower.

The contract rollover to the next month is this next week.

 

SILVER SIH19

Weekly – In a new uptrend. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up to 16.04. Trade pressures are down into the neutral zone. Volumes are now bearish.

Price traded up to the 15.95 level and turned down. Now in a pull back below the 200 day MA.

The next target up remains the 16.04 level.

A close below the 15.08 level and the 25×5 MA would signal lower.

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGH19

Weekly – Remains in the move down. Trade pressures are down. Volumes are bearish.

Daily – Flat. Still in the downtrend but showing some signs of a move up on the hourly. Trade pressures are up. Volumes are neutral.

The next target down is 2.50.

Need a close above 2.71 to signal higher.

 

GOLD_ GCG19

Weekly – In the move up and above the 200 week MA. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 1222 level. Trade pressures are up and trending. Volumes are bullish.

The next target up is 1330.

A close below 1263 would signal lower.

 

SILVER_ SIH19

Weekly – In the third week of the new uptrend/ Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 14.37 level. Trade pressures are up. Volumes are bullish.

The next target up is 16.04.

A close below 15.03 would signal lower.

#copperfutures #goldfutures #silverfutures

COPPER_ HGH19

Weekly – Remains in the downtrend. Trade pressures are down. Volumes are bearish. Below the 200 week MA.

Daily – Flat. Still in the move down. Trade pressures are down. Volumes are now bullish.

The next target down is 2.50.

A close above the 2.71 level would signal higher. Copper follows/leads the equity markets especially China.

 

GOLD_ GCG19

Weekly – In the uptrend. Trade pressures are up. Volumes are bullish. Crossing over the 200 week MA.

Daily – Flat. In the move up from the 1221 new long entry. Trade pressures are up. Volumes are now bearish.

The next target up is 1330.

A close below the 200 day MA and 1263 would signal lower.

 

SILVER_ SIH19

Weekly – In the downtrend but crossed over the 200 week MA. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 14.37 long entry price. Trade pressures are up. Volumes are now bearish.

Very near the next target up at 16.04.

A close below 15.08 would signal lower.

 

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COPPER_ HGH19

Weekly – Remains in the 4th quarter channel. Need a close above 2.89 to breakout. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down inside the channel from the 2.80 short entry level. Trade pressures are down but rising. Volumes are bearish.

Touched the 2.63 downside target. The next target down is a test of the August lows at 2.59.

A close above the 2.76 level and the 25×5 MA would signal higher.

 

GOLD_ GCG19

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

Daily – Flat. In the move up from the 1218 entry level and thru the 1264 target. Trade pressures are up. Volumes are bullish.

The next target up is 1302.

A close below 1274 would signal lower.

 

SILVER_ SIH19

Weekly – A close just above the 25×5 MA signals higher. Trade pressures are up. Volumes are bullish.

Daily – Flat. Continues the move up off the 14.24 entry level. Trade pressures are up. Volumes are bullish.

The next target up is 15.59

A close below 15.25 would signal lower.

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COPPER_ HGH19

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

Daily – Flat. The move up to the 2.80 channel high failed and sent the market down. Trade pressures are down. Volumes are neutral.

The next target down is the 2.63 level.

A close above the 2.70 would signal higher.

 

GOLD_ GCG19

Weekly –  The crossover of the 25×5 MA last week signaled a further move higher. Trade pressures are up. Volumes are bullish.

Daily – Flat. Grinding higher in an uncertain world. Trade pressures are up. Volumes are bullish to neutral.

Reached the 1284 upside target. the next target up is 1302.

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

 

SILVER_ SIH19

Weekly – Moving to the right in a channel since September 2018. Trade pressures are rising in the neutral zone. Volumes are bullish.

Daily – Flat. In the move up from the 14.24 level. Trade pressures are down into the neutral zone. Volumes are bullish.

The next target up is 14.98.

A close below the 25×5 MA  at 14.57 would signal lower.