#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.]

#copperfutures #goldfutures #silverfutures

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.

#copperfutures #goldfutures #silverfutures

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.

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ18

Weekly – Short covering took copper to test the weekly long entry at 2.87. Trade pressures are up into the neutral zone. Volumes are bullish.

Daily – Flat. The long trade was stopped out at the entry price. Trade pressures are up but rolling over. Volumes are bearish.

Looking for more pull back and then a reentry at the 2.73 level.

The next target up is 2.89.

A close below the 2.68 uptrend support would signal lower.

GOLD_ GCZ18

Weekly – Still in consolidation after the move down to 1170. Trade pressures are down and trending. Vlumes are now neutral.

Daily – Flat. In a tight channel between 1193 and 1220. Trade pressures are up. Volumes are neutral.

A close above 1210 with bullish volume would signal higher.

A break of the 1170 low would signal lower.

SILVER_ SIZ18

Weekly – The prior Daily attempt higher could not turn the weekly. All about the Dollar. Trade pressures are down hard. Volumes are bearish.

Daily – Flat. Still in the move up off the 14.45 long entry. Trade pressures are in the neutral zone. Volumes are bearish to bullish.

Looking for a dip below the 14.45 for a reentry.

The next target up is 15.24.

A close below 14.12 would signal lower.

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ18

Weekly – A breakout week to the upside . Trade pressures are down but tuning up. Volumes are now bullish.

Daily – Flat. In the up trend after the break above the 25×5 moving average. Trade pressures are up. Volumes are bullish.

In the move up from the 2.74 long entry. The next target up is 3.03.

A close below the 25×5 moving average will signal lower.

Looking for a pull back to enter the long trade.

GOLD_ GCZ18

Weekly – In the weekly move down. Trade pressures are down but turning up. Volumes are bearish.

Daily – Flat. Both the 1193 downside target and the new long entry at 1197 are becoming a consolidation area. Trade pressures are down. Volumes are Bearish.

In the move up from the 1197 long entry and now above the 25×5 moving average.

Close at 1201. Enter the trade In the nite session of Sunday.

[9-24-18: Long at 1203, raise the stops to 1203] [9-24-18: market close and stopped out at breakeven. Will attempt another long entry lower]

SILVER SIZ18

Weekly – Continues the move down to the 13.69 weekly target. Trade pressures are down. Volumes are neutral.

Daily – Flat. In the move down. Trade pressures are rising into the neutral zone. Volumes are bullish.

The next target down is 13.67.

The next long entry is nearby at 14.45.

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ18

Weekly – In the move down, consolidating at the 2.74 level. Trade pressures are down and trending. Volumes remain bearish.

Daily –  Flat. In the move down from the 2.73 level. Trade pressures are up into the neutral zone. Volumes are mixed, bullish to neutral.

The next target down is 2.48.

A close above the 25×5 moving average and the downtrend resistance would signal higher.

GOLD_ GCZ18

Weekly – Remains in the move down. Trade pressures are down and trending. Volumes remain bearish. The next weekly target down is 1128.

Daily – Flat. In the new move up while consolidating at the 1193 level. Trade pressures are back down into the neutral zone. Volumes are bearish.

The next target down is 1142.

1197 has signaled a new move up. The move above the 25×5 has been negated by a subsequent close below the 25×5 moving average.

Now a close above the downtrend resistance line is required to restart a move up.

SILVER_ SIZ18

Weekly – In the move down toward the 13.59 weekly target. Trade pressures are down and extended. Volumes remain bearish.

Daily – Flat. In the move down from the 15.29 short entry. Volumes are mixed bullish to neutral. Trade pressures are down and trending.

The next target  down is 13.67.

A close above 14.54 is requires to restart any move up.

#copperfutures  #goldfutures  #silverfutures

COPPER_  HGZ18

Weekly – Consolidating around the 2.74 downside short entry level. Trade pressures are down and trending. Volumes remain bearish.

Daily – Flat. In the downtrend and still waiting for a new trigger for the long entry. Trade pressures are down. Volumes are bearish.

The next target down is 2.48.

A close above the 2,74 level is required to start a new leg up.

GOLD_  GCZ18

Weekly – The prior 1170 lows of 2016 seemed to be holding. Trade pressures are down and trending. Volumes remain bearish.

Daily – Flat. Remains in the May 2018 move down. Trade pressures are up into the neutral zone. Volumes are bearish.

The 1197 new long entry trigger has signaled the new up trade. However, waiting for a break above the 25×5 moving average to confirm the move up.

The next target down is 1159.

SILVER_  SIZ18

Weekly –  The two weeks of consolidation has failed. Trade pressures remain down. Volumes are bearish.

Daily – Flat. Remains in the move down after an attempt at a new long entry. Trade pressures remain down. Volumes are bearish.

The 14.43 downside target did not hold as support. The next target down is 13.67.

Need a close above the 25×5 moving average at 14.85 to signal a new move up.