#copperfutures #goldfutures #silverfutures

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.

 

#copperfutures #goldfutures #silverfutures

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.

#copperfutures #goldfutures #silverfutures

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.

#copperfutures #goldfutures #silverfutures

COPPER_ HGH19

Weekly – Remains in the downtrend. Trade pressures are stuck in the neutral zone. Volumes are bearish and declining.

Daily – Flat. In the move up from the 2.73 level off the 2.66 low pivot. Trade pressures are in the neutral zone. Volumes are neutral to bearish.

The next target up is the 2.84 level.This is a move up inside the downtrend, so need a close above the 2.84 to commit.

The first stop is the 2.71, then move to the 2.74 asap.

A close below 2.71 would signal move lower.

 

GOLD_ GCG19

Weekly – Traded up and thru the 25×5 MA last week and had a pull back toward that average this week. Trade pressures are rising inside the neutral zone. Volumes are bullish.

Daily – Flat. In the move up from the 1218 level and closed above the 1241 level. Trade pressures are up but declining. Volumes are bearish.

The next target up is 1264.

Stops are at the 2×5 MA @ 1233.

 

SILVER_ SIH19

Weekly – Grinding side ways still. Trade pressures are rising into the neutral zone. Volumes are neutral.

Daily – Flat. the week rise still has the trade in the move down but the downtrend resistance has ben broken and a new uptrend has formed. Trade pressures are up. but declining. Volumes are bullish to neutral.

No new direction is signaled. The down move is in the channel between 14.00 and 15.10.

Should meet upside resistance here.

#copperfutures #goldfutures #silverfutures

COPPER_ HGU19

Weekly – Following the equity markets. Trade pressures are stuck in the neutral zone. Volumes have moved from neutral to bearish.

Daily – Flat. Gave a mid week breakout signal then collapsed the ensuing days. Trade pressures are down. Volumes are bearish.

In the move up from the 2.74 long entry in November, tested the 2.84 target and failed. Now back at that same long entry. Closed below the up sloping pitchfork lower median line and the 25×5 MA. Need to close back above these resistances.

The stop is the 2.66 low pivot.

Any tariff positives will guide any new entry into Copper.

 

GOLD GCF19

Weekly – The late day move up puts the weekly up over the 25×5 MA. Trade pressures are rising in the neutral zone. Volumes are bullish.

Daily – Flat. In the move up from the 1218 level. Trade pressures are up. Volumes are bullish.

Thru the 1241 target. The next target up is 1254.

Stops are at the 25×5 MA @ 1230.

 

SILVER_ SIH19

Weekly – Still in the move sideways. Trade pressures are dwon but rising. Volumes have changed from bearish to neutral.

Daily – Flat. Still in the move down from the 14.18 level. Trade pressures are up. Volumes are bullish.

The next target down is 13.29.

Stops are at 14.87 which will also change the trend from down to up.

Wait.

#copperfutures #goldfutures #silverfutures

COPPER_ HGU19

Weekly – In the weekly move sideways since the last week of September. Trade pressures are in the neutral zone but ticking up. Volumes remain neutral.

Daily – Flat. But with a slight bias to the upside. Trade pressures are in the neutral zone. Volumes are bullish.

A two cycle long entry is at the 2.73- 2.74 levels.

In the 2.74 to 2.84 channel. Need a close above 2.84 to get a new long going.

 

GOLD_ GCG19

Weekly – In between multiple targets at the 1134 level and the 25×5 MA above. Trade pressures are up into the neutral zone. Volumes remain bullish.

Daily – Flat. In a downtrend. Trade pressures are down into the neutral zone. Volumes are mixed, bearish to neutral.

Has been trading up then down in 15 point moves, not unlike the ES.

A close above 1246 would signal higher.

A close below 1216 would signal lower.

 

SILVER_ SIU19

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

Daily – Flat. In the down trend. Trade pressures are in the lower level of the neutral zone. Volumes are bearish.

The 14.18 short entry was triggered 11/12. Then a rally to the 25×5 MA which held as resistance.

Now attempting a second time thru the 14.18.

13.71 is the next target down.

A close above the 25×5 MA at 14.62 would signal higher.

A close above the downtrend resistance line at 14.86 would confirm any new move up.

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ18

Weekly – Remains in the 3 month move side ways. Trade pressures are in the neutral zone. Volumes are neutral. Contract rollover this week.

Daily – Flat. In the down trend channel between 2.80 and 2.60. Trade pressures are up. Volumes are bullish.

Need a breakout above the downtrend line at 2.82. Then expect a move to 2.93.

Else, a reversion to the lower channel bound at 2.64. The trade pressures will dictate the direction.

A close below 2.71 would signal lower.

 

GOLD_ GCZ18

Weekly – In the  downtrend. Contract rollover this week. Trade pressures are rising into the neutral zone.

Daily – Flat. Rallied to the 1237 target then pulled back to the 1197 long entry price. Trade pressures are up. Volumes are bullish.

The next target up is the 1237 once again.

A close below the 1197 would signal lower.

 

SLIVER SIZ18

Weekly – In the down trend . Contract rollover this week. Trade pressures are down but rising. Volumes are bearish.

Daily – Flat. In the move down from the 14.05 short entry. Trade pressures are up.Volumes are bearish.

The next target down is 13.15.

A close above the 25×5 MA at 14.41 would signal higher.

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ18

Weekly – Continues the consolidation at the 2.74 level. Trade pressures are in the neutral zone. Volumes are now neutral.

Daily  – Flat. A four day rally triggers the long entry at 2.74. Trade pressures are up into the neutral zone. Volumes are bullish.

The next target up is the 2.82 level.

Look for a pull back near the 2.74 to get long.

The 25 x 5 is flat without direction , so tight stops at the 2.64 low pivot and moving up to breakeven as soon as the 2.82 target is touched.

 

GOLD_ GCz18

Weekly – Remains in the downtrend. Trade pressures are up into the neutral zone. Volumes are bullish.

Daily – Flat. In the new move down from the 1197 level. Trade pressures are down but rising. Volumes are bullish.

The next target down is the 1184 low pivot.

The stop is the 25 x 5 moving average at 1224.

Price closed at 1223, so any new short needs to look to lower time frames for the set up.

 

SILVER_ SIZ18

Weekly – Touched the short trigger level and bounced up off that level. Trade pressures are down and rising. Volumes are bearish to bullish.

Daily – Flat. Attempted a short at the 14.14 level, which was stopped out for a break even. Trade pressures are down but rising into the neutral zone.

The next target up is 14.46.  Expect resistance at the the 25 x 5 moving average at 14.51.

A close below the uptrend support line at 14.20 would signal lower.

Any stops for the move up would be at 13.86.