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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.

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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.

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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.

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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.

 

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ18

Weekly – Remains in a side ways move within the downtrend. Trade pressure are in the neutral zone. Volumes have changed to neutral from bullish.

Daily – Flat. Went immediately to the 2.82 target from the 2.71 long entry. Trade pressures are down. Volumes are bearish.

The move up failed at the 2.80 target and retraced down to the entry price.

The next target up is the same upside target at 2.82.

A close below the 2.67 level would signal lower with a target at the 2.57 low pivot.

If long , the stop is 2.67.

 

GOLD_ GCZ18

Weekly – In the downtrend, but rising. Trade pressures are up int the neutral zone. Volumes are bullish.

Daily – Flat. Pulling back inside the move up. Trade pressures are down. Volumes are mixed, neutral to bearish.

The Next target up is 1217.

Below the 25×5 moving average now. A close below the 1209 short entry level triggers the new move down. Hourly is oversold, so wait to see.

 

SILVER_ SIZ18

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

Daily – Short. In the new downtrend with the close below 14.20. Trade pressures are down. Volumes are bearish.

In the trade at 14.14. The next target down is 13.57.

Stops at 14.56, the 25×5 moving average.

[11-12-18: Lower stops to the entry price, 14.14. Take profits at 13.77.]

[11-14-18: Stopped out at the 14.14 breakeven. Low was 13.86, so had some opportunity for profit.]

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COPPER_ HGZ18

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

Daily – Flat. Down hard early in the week following the equities down. Campaign talk drives copper and the markets higher Thursday and Friday. Trade pressures are up into the neutral zone. Volumes are bullish.

The trade down to 2.64 and the reversal back thru the 2.74 long entry puts us back in the move up. The only way to have entered that trade is on the hourly chart.

The next target up is 2.88.

A close below the same 2.68 would signal lower.

 

GOLD_ GCZ18

Weekly – Still moving up inside the longer term downtrend. Trade pressures are up into the neutral zone. Volumes are bullish.

Daily – Flat. Remains in the move up from the 1197 long entry level. Trade pressures are down into the neutral zone. Volumes are bullish.

The next target up is 1245.

The mid week move down stopped just shy of the new short entry level at 1209.

 

SILVER_ SIZ18

Weekly – Remains ion the move down to the 13.59 target. Trade pressures are down but rising. Volumes are bullish.

Daily – Flat. Remains in the move up from the 14.28 entry level. Trade pressures are up. Volumes are mixed bullish to neutral.

The mid week drop retested the entry price and then reversed to close above the 14.75 target where it had been for most of the month of October.

The next target up is 15.24.

A close below 14.12 would signal lower.

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COPPER_ HGZ18

Weekly – In consolidation after touching the new weekly long entry. Trade pressures are up intoi the neutral zone. Volumes are bullish to neutral.

Daily – Flat. In the move up from the 2.74 level. Trade pressures are in the neutral zone. Volumes are bullish to bearish.

In the side ways move creates the bullish pennant. Support is at the 2.68 level and would signal lower if broken.

The next target up is 2.88.

 

GOLD_ GCZ18

Weekly – In the move down. Trade pressures are down but rising into the neutral zone. Volumes are bullish. Multiples targets down at the 1128 levels.

Daily – Flat. In the move up off the 1197 entry. Trade pressures are up and extended. Volumes are bearish.

The next target up is 1271.

A close below the 1209 level would signal lower.

 

SILVER_ SIZ18

Weekly – Consolidating just above the 13.95 downside target level. Trade pressures are down but rising. Volumes are bullish.

Daily – In the move up from the 14.28 level. Trade pressures are in the neutral zone. Volumes are bullish.

The next target up is 15.24.

A close below the 14.19 support level would signal lower.

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ18

Weekly – Seems poised for a breakout to the upside. Trade pressures are up into the neutral zone. Volumes are bullish.

Daily – Flat. In the move up from the 2.74 level but also in consolidation. Trade pressures are down. Volumes are bearish to neutral.

2.68 is support. Watch this level for a reversal to the up side and a new long entry.

A close below this 2.68 would signal lower.

 

GOLD_ GCZ18

Weekly – Two weeks off the 1170 bottom. Trade pressures are down but rising. Volumes are bullish. Still below the 25×5 moving average.

Daily – Flat. The breakout on 10-11 was on large volume. Trade pressures are up. Volumes are bullish.

In the move up from the 1197 long entry price. The next target up is 1237.

A close below 1208 at the 25×5 would signal lower.

 

SILVER_ SIZ18

Weekly – Consolidating at the weekly lows just above the 13.59 downside target level. Trade pressures are down and turning up. Volumes are neutral to bullish.

Daily –  Flat. In a new move up off the 14.45 long entry level. Trade pressures are up but have turned down. Volumes are neutral to bullish.

Look to the hourly for an entry at a close above 14.71. The next target up is 15.24.

A close below the 25×5 would signal lower.

 

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ18

Weekly – First week of a move up inside the downtrend.. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 2.76 long entry; still looking for the pullback. Trade pressures are just up. Volumes are mixed bullish to neutral.

Next target up is 2.92.

A close below the downtrend line at 2.66 would signal lower.

 

GOLD_ GCZ18

Weekly – Two bullish weeks. Trade pressures are still down but rising. Volume has changed from neutral to bullish.

Daily – Flat. In the move up from 1197. Trade pressures are just up. Volumes are bullish to neutral.

The uptrend resistance line at 1222 has been broken. With the weekly still pressing down; looking for a pullback then a new leg up to confirm the long entry.

The next target up is 1245.

A close below the 25×5 moving average at 1203 would signal lower. This moving average is flat so need a bit more direction to rely on the signal.

 

SILVER_ SIZ18

Weekly – Two weeks of green bars. Trade pressures are down but rising. Volumes are bearish to neutral.

Daily – Flat. In the move up after the crossover of the 25×5 moving average and the triggering of the  14.68 new long entry. Trade pressures are up in the neutral zone. Volumes are bullish.

The next target up is 15.24.

A close below the 25×5 moving average would signal a resumption of the move lower.