#copperfutures #goldfutures #silverfutures

COPPER_ HGU26, MHGU26

Weekly – In the October 2025 uptrend. Trade pressures are up. Volumes are neutral.

Daily –Long. In the second leg up from the pullback to 6.21 on 7/20. Trade pressures are down.  Volumes remain bullish.

The next target up is 6.39. The expected overbought levels rise to 6.56.

A close below 6.17 would resume the move down. The expected oversold levels rise to 6.15.

[OB/OS channel is rising.]

[7-25-26:set the SL at 6.21.]

[7-28-26: sell at 6.30.]

 

GOLD_ GCQ26, MGCQ26

Weekly – In the June 2026 down trend.  Trade pressures remain down, rising slightly. Volumes remain bearish.

Daily – Flat. Consolidating at 3966 recent trading lows. Trade pressures are down.  Volumes are bearish.

A close above 4141 signals higher. The next target up is 4202. The expected overbought level rises to 4150.

A close below 4021 would signal lower. The expected oversold level rises to 3942.

[OB/OS channel is rising.]  GVX @ 24 = chop zone ( very near the investable level).

[7-25-26: Don’t want to trade long against the weekly downward pressures. no entry.]

 

SILVER_ SIU26

Weekly – In the June 2026 downtrend. Trade pressures remain down.  Volumes are now neutral.

Daily – Flat. Stopped out of the short trade on 7/21.  Trade pressures are down.  Volumes remain neutral.

A close above 60.00 would signal higher.  Overbought levels rise to 62.

Support is now 57.30  The oversold levels rise to 55.

[OB/OS channel is rising.]