#copperfutures #goldfutures #silverfutures

COPPER_ HGU26, MHGU26

Weekly – In the October 2025 uptrend. Trade pressures are up, but declining. Volumes are bullish.

Daily –Flat. The close above 6.64 triggers the new long entry on 8/21. Now backtesting the break out.
Trade pressures are up.  Volumes are bearish.

The next target up is 6.66. The expected overbought levels declines to 6.70.

A close below 6.55 would signal lower. The expected oversold levels rise to 6.46.

[OB/OS channel is narrowing.]

[8-21-26: No entry. Bearish volume; need bullish confirmation. Set the Stop loss at 6.50. ]

 

GOLD_ GCZ26, MGCZ26

Weekly – In the new August 2026 uptrend.  Trade pressures are up. Volumes remain bullish.

Daily – Flat. Continues the move up from the 4133 trigger on 8/4. Trade pressures are up.  Volumes are bullish.

The next target up is 4800, and still above new OB. The expected overbought level rises to 4617.

A close below 4646 would signal lower. The expected oversold level rises to 4322.

[OB/OS channel is rising.]  GVX @ 27 = investable.

 

SILVER_ SIU26

Weekly – In the June 2026 downtrend. Trade pressures are up.  Volumes remain bullish.

Daily – Flat. No short. Big end of week/month rally above 65.39; long entry trigger on 8/19. Trade pressures are up.  Volumes are bullish.

The next target up is 71.42.  Overbought levels rise to 70.

A close below 68.50 would signal lower. The oversold levels rise to 62.

[OB/OS channel is rising.]