#copperfutures #goldfutures #silverfutures

COPPER_ HGN26, MHGN26

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

Daily –Flat. Pulling back from 6.31 long trade on 6-11. Trade pressures are down.  Volumes remain bullish.

The next target down is 6.22. The expected oversold levels rise to 6.05.

A close above  6.38 would signal higher. The expected overbought levels decline to 6.60.

[OB/OS channel is widening.]

[6-19-26: Looking for a new long entry near 6.22.]

 

GOLD_ GCQ26, MGCQ26

Weekly – In the new June 2026 down trend.  Trade pressures remain down. Volumes remain bullish.

Daily – Flat. Testing the support at 4116; the lower median line parallel. Trade pressures are down.  Volumes remain neutral.

The next target down is 4013. The expected oversold level rises to 4113.

A close above 4467 would signal higher.  The expected overbought level rises to 4416.

[OB/OS channel is rising.]  GVX  27.90 –  chop zone.

[6-19-26: Don’t want to trade long against the weekly downward pressures. no entry.]

 

SILVER_ SIN26

Weekly – In the December 2023 uptrend, testing the 59 support. Trade pressures are down.  Volumes remain bearish.

Daily – Flat. Continues the move down, breaking the 200 day MA. Trade pressures are down, but rising.  Volumes are now bullish.

The next target down is the 63.35 ML parallel, which was tested thursday.  The oversold levels rise to 63

A close above 66.43 would signal higher. Overbought levels rise to 75.

[OB/OS channel is rising.]

[6-19-26: The first attempt (6/15) at a rally; failed.]