#copperfutures #goldfutures #silverfutures

COPPER_ HGU26, MHGU26

Weekly – In the October 2025 uptrend. Trade pressures are down. Volumes are now bearish.

Daily –Flat. Sold down to the lower median line parallel at 5.99 on 6/24. Trade pressures are down, but rising.  Volumes remain bullish.

The next target down is 6.09. The expected oversold levels decline to 5.84.

A close above  6.22 would signal higher. The expected overbought levels decline to 6.24.

[OB/OS channel is declining.]

[6-27-26: Looking for a new long entry near 6.09, weekly permitting.]

 

GOLD_ GCQ26, MGCQ26

Weekly – In the June 2026 down trend.  Trade pressures remain down. Volumes are bearish.

Daily – Flat. Lower, new support at the 4013 target. Trade pressures are down.  Volumes are bearish.

The next target down is 4013. The expected oversold level declines to 3921.

A close above 4141 would signal higher.  The expected overbought level declines to 4230.

[OB/OS channel is declining.]  GVX  27.10 –  chop zone.

[6-27-26: Don’t want to trade long against the weekly downward pressures (or, the rising dollar). no entry.]

 

SILVER_ SIU26

Weekly – In the June 2026 downtrend. 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 52.72.  The oversold levels decline to 53

A close above 60.00 would signal higher. Overbought levels decline to 64.

[OB/OS channel is declining.]

[6-27-26: Very oversold]