Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ25

Weekly – In the August 2025 downtrend. Trade pressures are rising toward the neutral zone. Volumes are neutral.

Daily – Flat. In a new uptrend from 4.48. Trade pressures are down but rising.  Volumes are now neutral.

Need to hold this close above 4.60’s to enter another long trade.

The next target up is 4.70. The expected overbought levels declines to 4.71.

A close below 4.48 would signal lower. The expected oversold levels decline to 4.43.

[9-23-25: long at 4.65 , SL at 4.62.]
[9-24-25: Stopped out of the Long in front of the big move up.]

 

GOLD_ GCZ25

Weekly – In the December 2023 uptrend.  Trade pressures are up.  Volumes remain bullish.

Daily – Flat. In the move up from 3422 on 8/22 and remains above median line support at 3639.  Trade pressures are up.  Volumes are bullish.

The next target up is 3753. The expected overbought level declines to 3695.

A close below 3647 would signal lower. The expected oversold level rises to 3600.

 

SILVER_ SIZ25

Weekly – In the December 2023 uptrend. Trade pressures are up.  Volumes remain bullish.

Daily – Long. The 9/19 breakout at 42.51 triggered the latest move up. Trade pressures are up.  Volumes remain bullish.

The next target up is 44.03. Overbought levels rise to 43.76.

A close below 42.06 would signal lower. The oversold levels rise to 41.42.

[Set the SL at 42.84.]

[9-22-25: Raise the SL to 43.14.]

[9-25-25: Raise the SL to 43.99.]

[9-26-25: Raise the SL to 45.96]