Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGH26

Weekly – In the October 2025 uptrend. Trade pressures remain up. Volumes remain bullish.

Daily – Long. Took profits at 5.60 ahead of the Christmas holiday. Trade pressures remain up.  Volumes are neutral.

The next target up is 5.96. The expected overbought levels rise to 5.67.

A close below 5.79 would signal lower. The expected oversold levels rise to 5.28.

[OB/OS channel is rising.]

 

GOLD_ GCG26

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

Daily – Flat. Remains in the uptrend from 12/11.  Trade pressures are up.  Volumes remian bullish.

The next target up is 4585, and above the OB. The expected overbought level rises to 4551.

A close below 4466 would signal lower and act as a SL.  The expected oversold level rises to 4338.

[OB/OS channel is rising.]

 

SILVER_ SIH26

Weekly – In the December 2023 uptrend, reaching more new highs. Trade pressures remain up.  Volumes remain bullish.

Daily – Flat. Silver reaches more new highs at 79.235. Trade pressures remain up.  Volumes remain bullish.

At 79.23, and well above OB levels. Overbought levels rise to 75.65.

A close below 63.81 would signal lower. The oversold levels rise to 67.66.

[OB/OS channel is rising.]