#copperfutures #goldfutures #silverfutures

COPPER_ HGK26

Weekly – In the October 2025 uptrend, testing support. Trade pressures remain down. Volumes remain bearish.

Daily – Flat. Failed move up, now forming a bull flag. At the 5.31 support. Trade pressures are up.  Volumes remain bearish.

The next target down is 5.41. The expected oversold levels decline to 5.25.

A close above 5.57 would signal higher. The expected overbought levels decline to 5.69.

[OB/OS channel is declining.]

 

GOLD_ GCM26

Weekly – In the December 2023 uptrend; traded below, but closed back above trend.  Trade pressures are down.  Volumes are now bullish.

Daily – Flat. In the new uptrend.  Trade pressures are down, but rising.  Volumes remain neutral.

Moved down and touched the 200 day MA at 4132; then bounced. The expected oversold level declines to 4278.

A close above 4718 would signal higher.  The expected overbought level declines to 4938.

[OB/OS channel is declining.]  GVX rises to 45 – in the chop zone.

 

SILVER_ SIK26

Weekly – In the December 2023 uptrend. Trade pressures remain down.  Volumes remain bearish.

Daily – Flat. Move down toward the 200 day MA turned up at 61. Trade pressures are up into the neutral zone.  Volumes remain bearish.

The next target down is 66.42. The oversold levels decline to 65.

A close above 71 would signal higher.  Overbought levels rise to 76.

[OB/OS channel is widening.]