#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.]