Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGH26

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

Daily – Flat. Basing after the metals sell-off on 12-29-25. Trade pressures remain up, but declining.  Volumes remain neutral.

A close above 5.70 would signal higher. The next target up is 5.92. The expected overbought levels rise to 5.81.

A close below 5.66 would signal lower. The expected oversold levels rise to 5.37.

[OB/OS channel is rising.]

 

GOLD_ GCG26

Weekly – In the December 2023 uptrend retracing from the spike highs.  Trade pressures remain up.  Volumes are now neutral.

Daily – Flat. basing from the 12-29 selloff.  Trade pressures are down but rising.  Volumes are neutral.

A close above 4400 would signal higher. The next target up is 4479,  The expected overbought level rises to 4567.

A close below 4308 would signal lower.  The expected oversold level declines to 4291.

[OB/OS channel is widening.]

 

SILVER_ SIH26

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

Daily – Flat. Silver spikes well above the OB levels and has a sharp retracement. Trade pressures are down.  Volumes are neutral.

A close above 74.40 would signal higher. Overbought levels rise to 77.55.

A close below 68.66 would signal lower. The oversold levels rise to 68.35.

[OB/OS channel is still rising.]