Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGH26

Weekly – In the October 2025 uptrend. Trade pressures down into the neutral zone. Volumes remain bullish.

Daily – Long. (Roll to March) In the move up from the 5.00 low pivot and triggered a Long Entry at 5.05 on 11/21. Trade pressures remain down.  Volumes are now bullish.

The next target up is 5.32 The expected overbought levels rise to 5.17.

A close below 5.12 would signal lower. The expected oversold levels rise to 4.93.

[OB/OS channel is rising.]

[11-30-25: Set the SL at 5.16.]

[12-1-25: Raise the SL to 5.27.]

[12-2-25: stopped out at the 5.27 SL.]

 

GOLD_ GCG26

Weekly – In the December 2023 uptrend retesting the high.  Trade pressures remain up, but declining.  Volumes are now bullish.

Daily – Long. Moving up from 4110 on 11/24.  Trade pressures are down into the neutral zone.  Volumes remain bearish.

The next target up is 4319. The expected overbought level declines to 4193.

A close below 4199 would signal lower. Set the SL at 4199. The expected oversold level declines to 4025.

[OB/OS channel is declining.]

[12-3-25: Stopped out at 4199.]

 

SILVER_ SIH26

Weekly – In the December 2023 uptrend, coming off a spike high. Trade pressures remain up, but trending down.  Volumes are bearish.

Daily – Long. In the move up from the low pivot at 51.41 on 11/24. Trade pressures are up.  Volumes remain bullish.

The next target up is 61.36. Overbought levels rise to 56.52.

A close below 56.19 would signal lower. Set the SL at 56.19. The oversold levels rise to 53.05.

[OB/OS channel is rising.]

[12-3-25: Raise the SL to 58.06.]

[12-4-25 Stopped out at the 58.08 SL.]