#copperfutures #goldfutures #silverfutures

COPPER_ HGn25

Weekly – In the September 2024 uptrend. Trade pressures are up into the neutral zone. Volumes are neutral.

Daily – Long. Stopped out of the long trade at 4.80 on 4-25. Trade pressures are up, but turning down.  Volumes remain bullish.

The next target up is 5.21. Look for a pull back to 4.66. The expected overbought levels rise to 4.97.

A close below 4.65 would signal lower. The expected oversold levels rise to 4.44.

 

GOLD_ GCM25

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

Daily – Short. In the move down from 3314. on 4-25. Trade pressures are down.  Volumes are neutral.

The next target down is 3249. The expected oversold level rises to 3185.

A close above 3361 would signal a resumption of the move up. The expected overbought level rises to 3451.

[4-25-25: Short at 3314. SL 3340.]

[4-27-25-Stopped out at 3340 for a loss.]

 

SILVER_ SIN25

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

Daily – Flat. Breaks up and out of the consolidation area at 33.25. Trade pressures are up, but declining.  Volumes are bullish.

The next target up is 34.88. Overbought levels rise to 36.40.

A close below 32.06 would signal lower.  The oversold levels rise to 29.11.