#copperfutures #goldfutures #silverfutures

COPPER_ HGZ26, MHGZ26

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

Daily –Flat. In the move down from 6.68 on 10/14. Trade pressures are down, but rising.  Volumes are now bearish.

The next target down is 6.36. The expected oversold levels decline to 6.41.

A close above 6.64 would signal higher. The expected overbought level declines to 6.71.

[OB/OS channel is declining.]

 

GOLD_ GCZ26, MGCZ26

Weekly – In the August 2026 uptrend, testing support.  Trade pressures remain down. Volumes remain bearish.

Daily – Flat. Moving up off the 4095 downside pivot on 10/14. Trade pressures are up.  Volumes are neutral.

The next target up is 4246.  The expected overbought level declines to 4216.

A close below 4148 would signal lower.  The expected oversold level declines to 4090.

[OB/OS channel is declining.]  GVX @ 22 = investable. The 30 level would indicate Chop.

[10-17-26: Still trading above the OB, expect resistance and possible selling.]

 

SILVER_ SIZ26

Weekly – In the July 2026 downtrend; breaking support. Trade pressures remain down.  Volumes remain bearish.

Daily – Flat. In the counter trend move up off the 55.56 low pivot on 10/14.  Trade pressures are down.  Volumes are bearish.

The next target up is 58.88.  Overbought levels rise to 60.86

A close below 57.50 would signal lower. The oversold levels rise to 55.09

[OB/OS channel is rising.]