#copperfutures #goldfutures #silverfutures
COPPER_ HGZ25
Weekly – In a new October 2025 uptrend. Trade pressures are up. Volumes are now neutral.
Daily – Long. In the new move up from 4.97 on 10/17. Trade pressures remain down. Volumes remain bearish.
The next target up is 5.06. The expected overbought levels decline to 5.20.
A close below 4.88 (200 day MA) would signal lower. The expected oversold levels decline to 4.77.
[OB/OS declining.]
[10-17-25: Set the SL at 4.93.]
[10-21-25: Stopped out at 4.93.]
GOLD_ GCZ25
Weekly – In the December 2023 uptrend, ignored resistance. Trade pressures remain up. Volumes remain bullish.
Daily – Long. Friday selloff goes to the 4192 retracement target. Trade pressures remain up. Volumes closed the week as bearish.
In the pullback from the 4392 highs. a close above 4283 would resume move up. The expected overbought level rises to 4362.
A close below 4132 would signal lower. The expected oversold level rises to 4091.
SILVER_ SIZ25
Weekly – In the December 2023 uptrend, but with a spinning top. Trade pressures are up. Volumes are now bearish.
Daily – Long. In the move up from 47.84 on 10-13. Sold off hard on 10/17. Trade pressures are up but declining. Volumes are now bearish.
The Friday pullback takes price to 50.62. A close above 51.36 resumes the move up. Overbought levels rise to 54.01.
A close below 50.02 would signal lower. The oversold levels rise to 51.27.
[10-21-25: Loing from 47.84 on 10/13. Stopped out at 50.02.]