COPPER_ HGZ17  #copperfutures

Weekly – Treading water. Trade pressures are down into the neutral zone. Volumes are neutral.

Daily – Flat. The short entry was quickly stopped out at the entry price. Trade pressures remain neutral. Volumes are bearish.

The trade continues down, The next target down is 3.02.

A close above 3.09 would signal higher.

 

GOLD_ GCZ17  #goldfutures

Weekly – Remains in the uptrend. Trade pressures are now up. Volumes are bullish.

Daily – Flat. Never broke down. Trade pressures are rising in the neutral zone. Volumes are now bullish.

The next long entry is 1298.

A close below 1262 would signal lower.

 

SILVER_ SIZ17  #silverfutures

Weekly – Stuck at the long entry price. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from 17.06. Friday was the first sustained move up. Trade pressures are up. Volumes are now bullish.

The next target up is 17.49.

A close below 16.57 would stop the move up.

COPPER_ HGZ17  #copperfutures

Weekly – Still in the pullback from the 3.23 target. Trade pressures are up but declining. Volumes remain neutral.

Daily – Short. The break of the 25×5 moving average at 3.13 confirms the earlier short signal. Trade pressures are down. Volumes are bearish.

The next target down is 3.02.

A close above 3.13 would signal higher.

Stops at 3.13.

[11-13-17: stopped out for a break-even.]

 

GOLD_ GCZ17  #goldfutures

Weekly – A four week sell down followed by a five week consolidation appears to setting up a second leg down. Trade pressures are down. Volumes are bearish.

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

A close below the 1262 support would signal lower.

A close above the old long entry at 1298 would signal higher.

 

SILVER_ SIZ17  #silverfutures

Weekly – In a similar consolidation as Gold. Trade pressures are up into the neutral zone. Volumes are bearish.

Daily –  Flat. Directionless. Trade pressures are down. Volumes are mixed neutral to bearish.

A break below the 16.57 support would signal lower. The next target down is 16.29.

A close above 17.06 would signal higher.

COPPER_ HGZ17  #copperfutures

Weekly – In consolidation after reaching the 3.23 target. Trade pressures are up. Volumes have changed from bearish to neutral.

Daily – Flat. In a wedge formation, the decision point is expected before the 20th of November.Trade pressures are down into the neutral zone. Volumes are bearish.

The next target down is 3.02.

A move above 3.17 would signal higher.

 

GOLD_ GCZ17  #goldfutures

Weekly – Now five weeks of consolidation at the 25×5 moving average at 1275. Trade pressures are down. Volumes are bearish.

Daily – Flat. Also in consolidation at the 1263 support line. Trade pressures are down but rising. Volumes are mixed neutral to bearish.

The next target down is 1246.

A close above 1298 would signal higher.

 

SILVER_ SIZ17  #silverfutures

Weekly – The weekly remains in consolidation at the long entry price of 16.99. trade pressures are now down. Volumes are bearish.

Daily – Flat. Four down days of trading have held at the 16.57 support line. Trade pressures are neutral. Volumes are now bearish.

The next target down is 16.29.

A close above 17.06 would start a new move up.

COPPER_ HGZ17  #copperfutures

Weekly – In the retracement after meeting the 3.23 weekly target. Trade pressures are up. Volumes are bearish.

Daily – Flat. In the move down from the 3.15 short entry level. Trade pressures are up but turning down. Volumes have changed to bearish.

The next target down is 3.02.

A close above 3.21 would signal higher.

 

GOLD_ GCZ17  #goldfutures

Weekly – Traded up to the Oct 2016 highs and now in retracement. Trade pressures are down. Volumes are bearish.

Daily – Flat.  At the early October pivot of 1263. Trade pressures are down. Volumes are  Bearish.

The next target down is 1248.

A close above 1298 would signal higher.

 

SILVER_ SIZ17  #silverfutures

Weekly – In consolidation at the weekly long entry. Trade pressures are down into the neutral zone. Volumes are bearish.

Daily – Flat. In the move up from the break above the 17.06 long entry. Trade pressures are down. Volumes are bearish.

The next target up is 17.87.

This retracement down has reached support at 16.75.

A close below 16.29 would signal lower.

 

 

COPPER_ HGZ17  #copperfutures

Weekly – The second move up was stopped at the 3.23 upside target up. Trade pressures are up. Volumes Have changed to bearish from bullish.

Daily – Flat. The long trade was stopped out at the 3.17 stop for a nice gain. Trade pressures are up and extended. Volumes are neutral to bearish.

The next target up is 3.68.

Now consolidating at the 3.23 target. Expect some retracement.

A close below 3.15 would signal lower.

 

GOLD_ GCZ17  #goldfutures

Weekly – Back down to the 25×5 moving average. Trade pressures are down but rising. Volumes are now bearish.

Daily – Flat. The attempt at a long trade was quickly stopped out. Trade pressures are down but rising. Volumes are now bearish.

The next target down is 1248.

A close above 1298 would signal a new move up.

 

SILVER_ SIZ17  #silverfutures

Weekly – Sitting on the the long entry price, but no momentum. Trade pressures are up. Volumes are neutral.

Daily – Flat. The first long entry attempt was stopped out. Trade pressures are down. Volumes are now bearish.

The long trade entry of 17.06 is still active but will need a change in volumes.

 

 

COPPER_ HGZ17  #copperfutures

Weekly – In the new move up. Trade presuree are up. Volumes are now bullish.

Daily – Long. In the new move up from the 3.05 entry. Trade pressures are up. Volumes remain bullish.

Now at 3.14, he next trade level up is 3.17, the prior swing high.

Use the 25×5 moving average as the stop, currently at 2.99.

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

[10-17-17: raise stop to 3.17]

 

GOLD_ GCZ17  #goldfutures

Weekly – Bouncing up off the 25×5 moving average support. Trade pressures are rising into the neutral zone. Volumes have changed from bearish to neutral.

Daily – Long. The upward retracement has triggered a new long entry at 1298. Trade pressures are up. Volumes are bullish.

Now at 1305, set the stop at the entry price, as we are still below the 25×5 moving average and in bearish territory.

The next target up is 1338.

[10-16-17: trade was stopped out at the entry price.]

 

SILVER_ SIZ17  #silverfutures

Weekly – The two week rally still has not moved silver out of bear territory. Trade pressures are up. Volumes have changed from bearish to neutral.

Daily – Long. Similar to gold, the trading rally off the downside targets has triggered a new long entry at 17.06. Trade pressures are just up. Volumes are bullish.

The next target up is 17.87.

Use the 25 x 5 as the stop, currently 17.12.

A trade back below the 25×5 would signal lower.

[10-17-17: trade stopped out for a small gain at 17.12]

 

COPPER_ HGZ17  #copperfutures

Weekly – The 2.95 level continues to act as support. Trade pressures are up but down near the neutral zone. Volumes remain bearish. The next weekly target up is 3.20.

Daily – Flat. Testing the new long entry level at 3.05. Trade pressures are rising into the neutral zone. Volumes are now bullish.

The next target up is the old 3.17 pivot high.

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

 

GOLD_ GCZ17  #goldfutures

Weekly – At the 25×5 support level, 1274. Trade pressures are down. Volumes remain bearish.

Daily – Flat. Took profit at the 1277 stop for a nice gain. Trade pressures are down and trending. volumes closed as bullish on Friday.

At the 1267 downside target. Expect consolidation and perhaps an upward retracement.

A close above 1298 would signal higher.

 

SILVER_ SIZ17  #silverfutures

Weekly – Has dropped down thru the 25×5 moving averages at 16.79. Trade pressures are down and oversold. Volumes are bearish.

Daily – Flat. The short trade was stopped pout at the 16.64 level. Trade pressures are down and trending. Volumes have changed to bullish.

The next target down is 15.62.

A close above 17.06 would signal higher.

 

COPPER_ HGZ17  #copperfutures

Weekly – Consolidating at the 2.95 upside target level after a run to the 3.20 target. Trade pressures are up but declining into the neutral zone. Volumes remain bearish.

Daily – Flat. The 10 pt rally from the 2.89 level triggered the stop. Trade pressures are down but rising. Volumes are bullish.

In the move down from the 3.00 level. The next target down is 2.80.

A close above the 3.05 level would signal higher.

 

GOLD_ GCZ17  #goldfutures

Weekly – Three weeks into the pullback after the spring run-up. Trade pressures are down, Volumes are bearish.

Daily – Short. In the move down from the 1318 level. Trade pressures are down and trending. Volumes remain bearish.

The next target down is 1267. Take profits at this level.

The stop is now 1316.

[10-3-17: Lower stops to the hourly resistance at 1277.] [Stopped out at the new 1277 stop.]

 

SILVER_ SIZ17  #silverfutures

Weekly- Three weeks into the pullback. Trade pressures are down. Volumes are bearish.

Daily – Short. In the move down from the 17.66 level. Trade pressures are down. Volumes are down.

The next target down is 16.64. The low for the week was 16.65. Take profits at this 16.64 target.

Lower the stop to 16.93.

A close above 17.37 would signal higher.

[Sunday evening 1-1-17: stopped out for a gain at 16.64]

COPPER_ HGZ17  #copperfutures

Weekly – Consolidating at the old 2.95 weekly upside target. Trade pressures are up but declining. Volumes are bearish.

Daily – Short. In the move down from the 3.08 short entry. Trade pressures are down hard. Volumes have changed from bearish to bullish.

The next targets down are 2.84 and 2.80. Take profits at the 2.84.

The stop is now the 2.99 pivot.

A close above 3.05 would signal higher.

[9-28-17 Update: Stopped out of the short trade at the 2.99 stop for a gain.]

 

GOLD_ GCZ17  #goldfutures

Weekly – Remains in the pullback. Trade pressures are down into the neutral zone. Volumes have changed from neutral to bearish.

Daily –  Short. In the move down from the 1318 level. Trade pressures are down. Volumes are bearish.

The next target down is 1267. Take profits at this level.

The stop is now at the 1318 entry price.

A close above 1327 would signal higher.

[9-28-17: lower the stop to 1316.]

 

SILVER_ SIZ17  #silverfutures

Weekly – At the weekly long entry of 16.99. Trade pressures are down. Volumes are now bearish.

Daily – Short. In the move down from the 17.66 level. Trade pressures are down. Volumes are bearish.

The next target down is 16.64. Take profits at this level.

The stop is now the 25×5 moving average resistance at 17.50.

A close above 17.58 would be the new long entry signal.

[9-28-17: Lower the stop to 17.30.]

COPPER_ HGZ17  #copperfutures

Weekly – Two week pullback in this 12 week run up. Trade pressures are up but declining. Volumes are bearish.

Daily – Short. In the move down from the 3.08 entry. Trade pressures are down. Volumes are neutral.

The next target down is 2.80.

A close above 3.08 would signal higher.

The current stop is 3.02.

[9-21-17: lower stop to 2.99. Take profit at the 2.80 level.]

 

GOLD_ GCZ17  #goldfutures

Weekly – In the move up from 1249. Trade pressures are up. Volumes are neutral.

Daily – Short. The 1318 level has triggered the new move down. Trade pressures are down. Volumes are bearish.

The next target down is 1303.

The 25×5 moving average should act as nearby support.

A close above 1344 would signal higher.

Set the stops at 1344.

[9-21-17: The 1303 target has been met. The next profit target down is 1267. Take profit at 1267. Lower stop to 1318, the entry price]

 

SILVER_ SIZ17  #silverfutures

Weekly – The 1847 downtrend line has acted as resisitance. Trade pressures are down into the neutral zone. Volumes are now neutral.

Daily – Short. The 17.66 level has signaled a new short. Trade pressures are down. Volumes are bearish.

The next target down is 16.95 and 16.64.

Price is now below the 25×5 moving average. Use that level as the stop, 17.50.

A close above 17.83 would signal higher.

[9-21-17: lower stop to 17.50. The next target down is 16.64. Take profit at this level.]