Metal Futures Update

News & commentary on Metal Futures including gold, silver, high grade copper, platinum & more.

Metal Futures Update is a blog dedicated to bringing updates, news and commentary on Metal futures markets including gold, silver, high grade copper, platinum and more.

This blog is brought to you by Zaner Group, one of America's oldest family-owned and operated futures and forex brokers.  Zaner provides a wide range of services from research and recommendations to the execution of all your futures needs.

We invite you to join the thousands of other Zaner clients that have enjoyed our services.  Click here to learn how to open an account with Zaner.

Futures, options and forex trading is speculative in nature and involves substantial risk of loss.  These recommendations are a solicitation for entering into derivatives transactions.  All known news and events have already been factored into the price of the underlying derivatives discussed.  From time to time persons affiliated with Zaner, or its associated companies, may have positions in recommended and other derivatives.


07/31 Gold sell signal

Posted on 7/31/2014 1:54:28 PM by: Larry Baer, Market Strategist @ Zaner. 312-277-0112.

Call me for trade set-ups and further details at (312) 277-0112

Or e-mail me at lbaer@zaner.com

Subscribe to my FREE to Larry Baer's Charts and Set-Ups Newsletter: http://zaner.com/offers/?page=1&ap=lbaer&rid=LBAER

View my interplay updates and thoughts on other markets at http://larrybaer.com

SEE CHART

 

 

 


NO UPDATE TODAY

Posted on 7/31/2014 1:10:30 PM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

Higher for copper and silver while lower for gold and platinum which is the opposite of their previous session. Copper still has a DOUBLE TOP which could lead to a retracement down to 31600 where its support bottoms out all the way down to 31000. This makes copper a tricky metal to trade at this time, so I recommend still standing aside and looking elsewhere for a possible decent trade idea. Silver settled slightly higher and gold down (3rd session in a row) this time with the former in a possible BEAR PENNANT OR TRIANGLE. Silver and gold's long consolidation areas remain strong looking resistance areas along with both looking toppy to me.. Also, silver's next support is a good one from 1975 down to 1900 while gold is already in its support that goes 1310 down to around 1280. These patterns could keep both in trading ranges for a while. Platinum closed down looking toppy while in between good looking support and resistance areas that could keep it range bound and tricky to trade for a while. SELL SIGNALS FOR SILVER. GOLD AND PLATINUM. CALL FOR DETAILS! For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to Market head.Com.

 

 

 

 


NO UPDATE TODAY

Posted on 7/31/2014 1:10:23 PM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

Higher for copper and silver while lower for gold and platinum which is the opposite of their previous session. Copper still has a DOUBLE TOP which could lead to a retracement down to 31600 where its support bottoms out all the way down to 31000. This makes copper a tricky metal to trade at this time, so I recommend still standing aside and looking elsewhere for a possible decent trade idea. Silver settled slightly higher and gold down (3rd session in a row) this time with the former in a possible BEAR PENNANT OR TRIANGLE. Silver and gold's long consolidation areas remain strong looking resistance areas along with both looking toppy to me.. Also, silver's next support is a good one from 1975 down to 1900 while gold is already in its support that goes 1310 down to around 1280. These patterns could keep both in trading ranges for a while. Platinum closed down looking toppy while in between good looking support and resistance areas that could keep it range bound and tricky to trade for a while. SELL SIGNALS FOR SILVER. GOLD AND PLATINUM. CALL FOR DETAILS! For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to Market head.Com.

 

 

 

 


POSSIBLE BEAR PENNANT OR TRIANGLE FOR SILVER

Posted on 7/31/2014 7:42:01 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

Higher for copper and silver while lower for gold and platinum which is the opposite of their previous session. Copper still has a DOUBLE TOP which could lead to a retracement down to 31600 where its support bottoms out all the way down to 31000. This makes copper a tricky metal to trade at this time, so I recommend still standing aside and looking elsewhere for a possible decent trade idea. Silver settled slightly higher and gold down (3rd session in a row) this time with the former in a possible BEAR PENNANT OR TRIANGLE. Silver and gold's long consolidation areas remain strong looking resistance areas along with both looking toppy to me.. Also, silver's next support is a good one from 1975 down to 1900 while gold is already in its support that goes 1310 down to around 1280. These patterns could keep both in trading ranges for a while. Platinum closed down looking toppy while in between good looking support and resistance areas that could keep it range bound and tricky to trade for a while. SELL SIGNALS FOR SILVER. GOLD AND PLATINUM. CALL FOR DETAILS! For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to Market head.Com.

 

 

 

 


POSSIBLE BEAR PENNANT OR TRIANGLE FOR SILVER

Posted on 7/31/2014 5:44:45 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

Higher for copper and silver while lower for gold and platinum which is the opposite of their previous session. Copper still has a DOUBLE TOP which could lead to a retracement down to 31600 where its support bottoms out all the way down to 31000. This makes copper a tricky metal to trade at this time, so I recommend still standing aside and looking elsewhere for a possible decent trade idea. Silver settled slightly higher and gold down (3rd session in a row) this time with the former in a possible BEAR PENNANT OR TRIANGLE. Silver and gold's long consolidation areas remain strong looking resistance areas along with both looking toppy to me.. Also, silver's next support is a good one from 1975 down to 1900 while gold is already in its support that goes 1310 down to around 1280. These patterns could keep both in trading ranges for a while. Platinum closed down looking toppy while in between good looking support and resistance areas that could keep it range bound and tricky to trade for a while. SELL SIGNALS FOR SILVER. GOLD AND PLATINUM. CALL FOR DETAILS! For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to Market head.Com.

 

 

 

 


NO UPDATE TODAY

Posted on 7/30/2014 1:08:23 PM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

Higher for gold and platinum while lower for copper and silver. Copper settled down again still not taking out its DOUBLE TOP which could lead to a retracement down to 31600 where its support bottoms out all the way down to 31000. This makes copper a tricky metal to trade at this time, so I recommend standing aside and looking elsewhere for a possible decent trade idea. Silver settled down and gold slightly higher. Silver and gold's long consolidation areas remain strong looking resistance areas along with booth looking toppy to me.. Also, silver's next support is a good one from 1975 down to 1900 while gold is already in its support that goes 1310 down to around 1280. These patterns could keep both in trading ranges for a while. Platinum also closed higher but looking toppy while at the lower end of some resistance that could keep it range bound and tricky to trade for a while. SELL SIGNALS FOR SILVER. GOLD AND PLATINUM. CALL FOR DETAILS! For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to Market head.Com.

 

 

 


Older posts

Recent Posts

Other Markets

Metal Futures Update

Digg!