#copperfutures #goldfutures #silverfutures

COPPER_ HGH20

Weekly – New weekly long signal. Trade pressures are up. Volumes are bullish.

Daily – Flat. In the move up from the 2.68 long entry. Trade pressures are up. Volumes are bearish.

Testing the August high of 2.82. The next target up is 2.83.

A close below 2.78 and the median line would signal lower. If still long this 2.78 is also the stop.

 

GOLD_ GCG20

Weekly – In the long retracement down. Trade pressures are rising into the neutral zone. Volumes are still bearish.

Daily – Short. The rally to 1491 is now in retracement from the 1471 short entry. Trade pressures are down. Volumes are bullish.

The next target down is 1451. the trend is neutral so, tight stops.

A bullish reversal would align the daily trade pressures with the weekly.
A close above 1485 would signal higher. Use that same level as the stop.

[12-19-19: stopped out @ 1485 for a loss.]

 

SILVER_ SIH20

Weekly – Remains in the long retracement after the Sept spike to 19.89. Trade pressures are down and trending. Volumes are bearish.

Daily – Flat. Attempted a new  move up but failed. Trade pressures are up and extended. Volumes are bullish.

The next target up is the long entry at 16.92.

A close below 16.66 signals lower.