#copperfutures #goldfutures #silverfutures

COPPER_ HGZ26, MHGZ26

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

Daily –Flat. The 6.36 downside target acts as support. Price moves up into a new uptrend at 6.47 on 10/23. Enter new Long on a pull back to 6.44.  Trade pressures remain down.  Volumes are now bullish.

The next target up is 6.65. The expected overbought level declines to 6.60.

A close below 6.40 would signal lower. The expected oversold levels decline to 6.30.

[OB/OS channel is declining.]

[10-26-26: Near resistance , look for a pull back t enter Long.]

 

GOLD_ GCZ26, MGCZ26

Weekly – In the new October 2026 downtrend.  Trade pressures remain down. Volumes remain bearish.

Daily – Flat. Selling arrived with the break below 4148. Trade pressures are down.  Volumes are bearish.

The next target down is 3760.  The expected oversold level declines to 4000.

A close above 4064 would signal higher. The expected overbought level declines to 4174.

[OB/OS channel is declining.]  GVX @ 24 = investable. The 30 level would indicate Chop.

[10-24-26: Now trading near the OS, maybe a bounce but trend is down.]

 

SILVER_ SIZ26

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

Daily – Flat. Price breaks 57.00 on 10/21.  Trade pressures are down.  Volumes are bearish.

The next target down is 51.83, but is well below the OS level. The oversold levels decline to 54.20

A close above 55.17 would signal higher.  Overbought levels decline to 59.90

[OB/OS channel is declining.]