Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ25

Weekly – In a new October 2025 uptrend. Trade pressures are up. Volumes are bearish.

Daily – Flat. Crashed on the new China tariffs. Stopped out of long from 4.89 at 5.00 on 10/10. Trade pressures are down.  Volumes are now bearish.

The next target down is 4.81. The expected oversold levels rise to 4.79.

A close above 5.00 would signal higher. The expected overbought levels rise to 5.25.

[10-12-25: Sun nite session rallys off the Friday closing lows.]

 

GOLD_ GCZ25

Weekly – In the December 2023 uptrend, but at resistance.  Trade pressures are up.  Volumes remain bullish.

Daily – Long. In the move up from the early October pullback at 3996 on 10-10; and up with the USD.  Trade pressures are up but declining.  Volumes remain bullish.

The next target up is 4054. The expected overbought level rises to 4028.

A close below 3984 would signal lower. The expected oversold level rises to 3908.

[10-12-25: Sun nite session up 72 dollars thru the upside target.]

 

SILVER_ SIZ25

Weekly – In the December 2023 uptrend, but with a spinning top. Trade pressures are up.  Volumes are now bearish.

Daily – Flat. Rally continued to 49.96, reversed at 47.97. Trade pressures are declining into the neutral zone.  Volumes are now bearish.

The close below 46.96 did signal lower. The next target down is 45.99. The oversold levels rise to 47.78.

A close above 47.84 would signal higher. Overbought levels rise to 49.71.

[10-12-25: Sun Nite session; A full $1 dollar rally off the Friday lows.]