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.

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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.


NO UPDATE TODAY

Posted on 7/23/2014 4:40:21 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

Lower for copper, silver, gold and platinum. Copper settled lower for its fourth out of its last five session making its worst low and close in 2 1/2 week now approaching its nearest support around the 315 area. I see resistance near 325 on the daily and weekly charts  Silver had been consolidating for a month still in a bull trend and should be treated as such unless it settles below 2050 or above 2150. Meanwhile, gold continues to hold in strong looking support with good resistance just above making it difficult to trade in my opinion. Also, closing below 1300 on July 15th hasn't helped either. Platinum, like the rest of the metal's complex, remains looking bullish overall. bullish while consolidating over the last several weeks. Good looking support starts around 1480 dropping down to the 1440 area. SELL SIGNALS FOR SILVER, GOLD, PLATINUM AND COPPER. CALL FOR DETAILS!  For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to Market head.Com.

 

 

 


07/22 Gold sell signal

Posted on 7/22/2014 1:21:45 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 7/22/2014 7:32:32 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

Lower for copper, silver, gold and platinum. Copper settled lower for its fourth out of its last five session making its worst low and close in 2 1/2 week now approaching its nearest support around the 315 area. I see resistance near 325 on the daily and weekly charts  Silver had been consolidating for a month still in a bull trend and should be treated as such unless it settles below 2050 or above 2150. Meanwhile, gold continues to hold in strong looking support with good resistance just above making it difficult to trade in my opinion. Also, closing below 1300 on July 15th hasn't helped either. Platinum, like the rest of the metal's complex, remains looking bullish overall. bullish while consolidating over the last several weeks. Good looking support starts around 1480 dropping down to the 1440 area. SELL SIGNALS FOR SILVER, GOLD, PLATINUM AND COPPER. CALL FOR DETAILS!  For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to Market head.Com.

 

 

 


CONSOLIDATION SEEMS TO BE THE THEME FOR SILV ER , GOLD AND PLATINUM.

Posted on 7/21/2014 7:51:57 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

Lower for copper, silver, gold and platinum. Copper settled lower for its fourth out of its last five session making its worst low and close in 2 1/2 week now approaching its nearest support around the 315 area. I see resistance near 325 on the daily and weekly charts  Silver had been consolidating for a month still in a bull trend and should be treated as such unless it settles below 2050 or above 2150. Meanwhile, gold continues to hold in strong looking support with good resistance just above making it difficult to trade in my opinion. Also, closing below 1300 on July 15th hasn't helped either. Platinum, like the rest of the metal's complex, remains looking bullish overall. bullish while consolidating over the last several weeks. Good looking support starts around 1480 dropping down to the 1440 area. SELL SIGNALS FOR SILVER, GOLD, PLATINUM AND COPPER. 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 7/18/2014 7:36:12 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

Higher for gold along with platinum while lower for silver and copper. Copper settled lower for its third session in a row making oats worst low and close in two week but still has little support down to the 315 area. Copper's rally before last week came after holding a strong support area under 30700. Also, I see resistance nearby around 330 on the daily chart and heavy resistance from 318 up to 33750 on the weekly. Silver had been consolidating for three weeks but now is slightly below this area possibly setting up for good looking resistance from 2080 up to still in a bull trend and should be treated as such unless it settles below 2050 to start around 2130. Meanwhile, gold is in a strong support area with good resistance just above making it difficult to trade in my opinion. Also, closing below 1300 the last couple of days hasn't helped. Platinum has given me a SELL SIGNAL off of a possible M formation. Still, like the rest of the metal's complex, it remains looking bullish overall. bullish and could be breaking out of a possible BULL PENNANT to the upside. Good looking support starts around 1480 dropping down to the 1440 area. SELL SIGNALS FOR SILVER, GOLD, PLATINUM AND COPPER. 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 7/18/2014 7:30:43 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

Higher for gold along with platinum while lower for silver and copper. Copper settled lower for its third session in a row making oats worst low and close in two week but still has little support down to the 315 area. Copper's rally before last week came after holding a strong support area under 30700. Also, I see resistance nearby around 330 on the daily chart and heavy resistance from 318 up to 33750 on the weekly. Silver had been consolidating for three weeks but now is slightly below this area possibly setting up for good looking resistance from 2080 up to still in a bull trend and should be treated as such unless it settles below 2050 to start around 2130. Meanwhile, gold is in a strong support area with good resistance just above making it difficult to trade in my opinion. Also, closing below 1300 the last couple of days hasn't helped. Platinum has given me a SELL SIGNAL off of a possible M formation. Still, like the rest of the metal's complex, it remains looking bullish overall. bullish and could be breaking out of a possible BULL PENNANT to the upside. Good looking support starts around 1480 dropping down to the 1440 area. SELL SIGNALS FOR SILVER, GOLD, PLATINUM AND COPPER. CALL FOR DETAILS!  For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to Market head.Com.

 

 

  

 


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