Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGK26

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

Daily – Flat. In the move up from 5.88 on 2/24.  Trade pressures are up.  Volumes are bullish..

The next target up is 6.20. Again, a resistance level. The expected overbought levels rise to 6.14.

A close below 5.94 would signal lower. The expected oversold levels rise to 5.66.

[OB/OS channel is rising.]

[2-27-26: Set the SL at 5.94.] Watch for a lower high.

 

GOLD_ GCJ26

Weekly – In the December 2023 uptrend.  Trade pressures remain up.  Volumes are now bullish.

Daily – Flat. In the new move up from 5234 on 2/27.  Trade pressures are up.  Volumes remain bullish.

The next target up is 5349.  The expected overbought level rises to 5299.

A close below 5148 trend would signal lower. The expected oversold level declines to 4975.

[OB/OS channel is widening.]  GVX is 33 – declining, in the chop zone. No trade.

[2-27-26: Set a SL at 5243.]

 

SILVER_ SIK26

Weekly – In the December 2023 uptrend. Trade pressures are down into the neutral zone.  Volumes are now bullish.

Daily – Flat. After the pullback to 86, in a new move up from 88.25 on 2/26. Trade pressures are up but declining.  Volumes are remain bullish.

The next target up is 104.54.  Overbought levels rise to 89.

A close below 78.93 would signal lower. The oversold levels rise to 80.

[OB/OS channel is rising.] GVX in chop zone, so no trade.