#copperfutures #goldfutures #silverfutures

COPPER_ HGN25

Weekly – In the September 2024 uptrend. Trade pressures are still in the neutral zone. Volumes are bearish.

Daily – Short. Closed below 4.65 on 4/30. Trade pressures are down, but turning up.  Volumes are neutral.

In a retracement up, look for the RSX to turn down to enter. The next target down is 4.51. The expected oversold levels rise to 4.46.

A close above 4.72 would signal higher. The expected overbought levels decline to 4.89.

[5-6-25: Long at 4.72. SL at 4.67]

[5-7-25: Stopped out at 4.67 for a loss.]

 

GOLD_ GCM25

Weekly – In the December 2023 uptrend.  Trade pressures remain up.  Volumes remain bearish.

Daily – Short. In the move down from 3314. on 4-29. Trade pressures are down.  Volumes are bearisjh.

The next target down is 3154. The expected oversold level rises to 3207.

A close above 3275 would signal a resumption of the move up. The expected overbought level declines to 3436.

[5-5-25: long at 3275. SL at 33.40.]

[5-7-25: Raise the SL to 3362.]
[5-8-25: Stopped out in the premarket at 3362.]

 

SILVER_ SIN25

Weekly – In the December 2023 uptrend. Trade pressures are up, but declining.  Volumes are bearish.

Daily – Flat. Fails the trend at 32.70. Trade pressures are down.  Volumes are bearish.

The next target down is 31.79.  The oversold levels declines to 29.09.

A close above 32.43 would signal higher. Overbought levels decline to 33.73.

[5-5-25: Long, closed at 32.50. SL is 32.16.]

[5-7-25: Raise the SL to the entry price at 32.50.]

[5-8-25: Stopped at 32.50 in the preemarket.]

 

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COPPER_ HGn25

Weekly – In the September 2024 uptrend. Trade pressures are up into the neutral zone. Volumes are neutral.

Daily – Long. Stopped out of the long trade at 4.80 on 4-25. Trade pressures are up, but turning down.  Volumes remain bullish.

The next target up is 5.21. Look for a pull back to 4.66. The expected overbought levels rise to 4.97.

A close below 4.65 would signal lower. The expected oversold levels rise to 4.44.

 

GOLD_ GCM25

Weekly – In the December 2023 uptrend.  Trade pressures remain up.  Volumes are bearish.

Daily – Short. In the move down from 3314. on 4-25. Trade pressures are down.  Volumes are neutral.

The next target down is 3249. The expected oversold level rises to 3185.

A close above 3361 would signal a resumption of the move up. The expected overbought level rises to 3451.

[4-25-25: Short at 3314. SL 3340.]

[4-27-25-Stopped out at 3340 for a loss.]

 

SILVER_ SIN25

Weekly – In the December 2023 uptrend. Trade pressures are up.  Volumes remain neutral.

Daily – Flat. Breaks up and out of the consolidation area at 33.25. Trade pressures are up, but declining.  Volumes are bullish.

The next target up is 34.88. Overbought levels rise to 36.40.

A close below 32.06 would signal lower.  The oversold levels rise to 29.11.

#copperfutures #goldfutures #silverfutures

COPPER_ HGK25

Weekly – In the September 2024 uptrend. Trade pressures are down but rising. Volumes are neutral.

Daily – Long. The new lang trade was triggered at 4.63 on 4-16. Trade pressures are up.  Volumes are bullish.

The next target up is 4.85. The expected overbought levels rise to 4.72.

A close below 4.61 would signal lower. The expected oversold levels rise to 4.01.

[set the SL at 4.56.]

[4-23-25: Raise the SL to 4.80.]

[4-25-25: Stopped out with a gain at 4.80.]

 

GOLD_ GCM25

Weekly – In the December 2023 uptrend.  Trade pressures remain up.  Volumes are bullish.

Daily – Flat. Took long profits at the 3247 level. Trade pressures are up.  Volumes are bullish.

A close above 3367 would signal a resumption of the move up. The next target up is 3469. The expected overbought level rises to 3399.

A close below 3314 would signal lower. The expected oversold level rises to 3084.

[4-25-25: Short at 3314. SL 3387.]

 

SILVER_ SIK25

Weekly – In the December 2023 uptrend. Trade pressures are up.  Volumes remain neutral.

Daily – Flat. Consolidating at the 32.50 level. Trade pressures are up.  Volumes are neutral.

The next target up is 33.94. Overbought levels rise to 36.11.

The next target down is 31.16  The oversold levels decline to 28.79.

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGK25

Weekly – In the September 2024 uptrend; teested support and rallied. Trade pressures are down. Volumes are neutral.

Daily – Flat. Shorted from the 5.16 entry and reached the 4.03 low. Trade pressures rise into the neutral zone.  Volumes are neutral.

The next target down is 4.01. The expected oversold levels decline to 3.81.

A close above 4.63 would signal higher. The expected overbought levels decline to 4.71.

[4-16-25: Long from 4.63. Set the SL at 4.52]

 

GOLD_ GCM25

Weekly – In the December 2023 uptrend.  Trade pressures remain up.  Volumes are bullish.

Daily – Long. Took short profits at the 3005 level. Market turns up and triggers the 3074 on 4/9. Trade pressures are up.  Volumes are bullish.

The next target up is the 3263 high. The expected overbought level rises to 3249.

At resistance. A close below 3205 (also SL) would signal lower. The expected oversold level rises to 3026.

[4-14-25: Sl is 3205. Set profit stop at 3247.]

[4-16-25: Raise SL to 3276.][ 4-16-25: [Profit stop at 3247 executed for a gain.]

 

SILVER_ SIK25

Weekly – In the December 2023 uptrend, tested support. Trade pressures are down.  Volumes are neutral.

Daily – Long. Off the 27.54 low pivot. Long triggered at 31.44 on 4/11. Trade pressures are up.  Volumes are neutral.

The next target up is 32.32. Overbought levels rise to 34.52.

The next target down is 26.23  The oversold levels stay at 29.57.

Set the SL at 30.94.

[4-14-25: Raise the SL to 31.42]

[4-16-25: Raise the SL to 32.10 32.53.][Stopped out in the 4/16 night session for a gain.]

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGK25

Weekly – In the September 2024 uptrend; breaks down hard. Trade pressures are down. Volumes are bearish.

Daily – Short. In retracement from the 5.37 high. Shorted from the 5.16 entry; and stopped out just before the tariff announcement. Trade pressures are down.  Volumes are bearish.

The next target down is 4.01. The expected oversold levels decline to 4.66.

A close back above 4.68 would signal higher. The expected overbought levels decline to 5.25.

 

GOLD_ GCM25

Weekly – In the December 2023 uptrend.  Trade pressures remain up.  Volumes are bearish.

Daily – Short from 3108. The thursday and Friday sell oof takes price below the 3040 downside target. Trade pressures are down.  Volumes are bearish.

The next target down is 2941. The expected oversold level rises to 3007.

A close above 3074 would signal higher. The expected overbought level rises to 3165.

[Set SL to 3074.][Set Profit stop at 3005]

[4-7-25: Profit stop hit. Flat.]

 

SILVER_ SIK25

Weekly – In the December 2023 uptrend. Trade pressures are down.  Volumes are bearish.

Daily – Flat. The thursday break down at 33.90 triggered a new short, which traded immediately to the 29.14 target.  Trade pressures are down.  Volumes are bearish.

The next target down is 26.23  The oversold levels decline  to 29.57.

A close above 31.44 would signal higher. Overbought levels decline to 34.47.

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGK25

Weekly – In the September 2024 uptrend; breaks above resisitance. Trade pressures remain up. Volumes are bearish.

Daily – Short. In retracement from the 5.37 high. Short from the 5.16 entry today. Trade pressures are down into the neutral zone.  Volumes are neutral.

The next target down is 4.95. The expected oversold levels rise to 4.92.

A close back above 5.18 would signal higher. The expected overbought levels rise to 5.30.

[3-28-25: Set the SL at 5.17]

[3-31-25: Lower SL to 5.07]

[4-2-25: Stopped out at 5.07.]

 

GOLD_ GCM25

Weekly – In the December 2023 uptrend.  Trade pressures are up.  Volumes remain bullish.

Daily – Flat. Taking profit at the April contract rollover to June. June closes at 3114. Trade pressures are up.  Volumes remain bullish.

The next target up is 3192. The expected overbought level declines to 3088.

A close below 3108 would signal lower. The expected oversold level rises to 2990.

 

SILVER_ SIK25

Weekly – In the December 2023 uptrend. Trade pressures are down, but rising.  Volumes remain bullish.

Daily – Short. Rallied with Gold to 35.29, now selling off. Short from 35.03 today.  Trade pressures are up.  Volumes are bearish.

The next target down is 34.26  The oversold levels rise to 32.96.

A close above 35.04 would signal higher. Overbought levels rise to 35.66.

[3-31-25: Stopped out at the 35.04 level.]

 

 

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COPPER_ HGK25

Weekly – In the September 2024 uptrend; breaks above resisitance. Trade pressures remain up. Volumes remain bullish.

Daily – Flat. Breaks above the median line at 4.93. Then breaks above 5.00. Trade pressures are up.  Volumes remain bullish.

Now at the 5.14 upside resisitance and retracing. Short term support at 5.04. The next target down is 4.92. The expected oversold levels rise to 4.75.

A close back above 5.14 would signal higher. The expected overbought levels rise to 5.22.

 

GOLD_ GCJ25 ( Roll to June next week.)

Weekly – In the December 2023 uptrend.  Trade pressures are up.  Volumes remain bullish.

Daily – Long. Bull Flag breaks out at 2926 on 3/12. Trade pressures are down.  Volumes are neutral.

The next target up is 3065, the prior high. The expected overbought level rises to 3094.

A close below 2977 would signal lower. The expected oversold level rises to 2932.

[3-21-25: Set the SL at 3000.]

[3-28-25: Raise the SL to 3100.][Correction: rollover. Sell at market, 3089.]

 

SILVER_ SIK25

Weekly – In the December 2023 uptrend. Trade pressures are down, but rising.  Volumes remain bullish.

Daily – Flat. Retracement to 33.36 on 3.21 stops out the trade for a BE.  Trade pressures are down.  Volumes are bearish.

The next target up is 35.17. Overbought levels are 35.17.

A close below 33.36 would signal lower. The oversold levels are 29.15.

[3-24-25: Short at 33.45. SL at 33.82.]

[3-25-25: Stopped out for a loss at 33.82.]

#copperfutures #goldfutures #silverfutures

COPPER_ HGK25

Weekly – In the September 2024 uptrend; breaks above resisitance. Trade pressures remain up. Volumes remain bullish.

Daily – Flat. Breaks out of the bull flag at 4.62. Then a back test of the breakout on 3/10. Trade pressures are up.  Volumes are bulish.

Now at the 4.92 upside resisitance, again at the upper median line. Retracing. The next target down is 4.83. The expected oversold levels rise to 4.54.

A close above 4.93 would signal higher. The expected overbought levels rise to 4.99.

 

GOLD_ GCJ25

Weekly – In the December 2023 uptrend, 4 weeks above resistance.  Trade pressures are up but declining.  Volumes are now bullish.

Daily – Long. Bull Flag breaks out at 2926 on 3/12. Trade pressures are up.  Volumes remain bullish.

The next target up is 3017, the prior high. The expected overbought level rises to 3011.

A close below 2977 would signal lower. The expected oversold level rises to 2900.

 

SILVER_ SIK25

Weekly – In the December 2023 uptrend. Trade pressures are down,but rising.  Volumes are bullish.

Daily – Long. Bull Flag breakout at 33.36 on 3/12.  Trade pressures turned up .  Volumes are bullish.

The next target up is the upper median line at 34.81. Overbought levels are 34.51.

A close below 33.36 would signal lower. The oversold levels are 29.36.

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGK25

Weekly – In the September 2024 uptrend; continues to test resisitance. Trade pressures remain up. Volumes are bullish.

Daily – Flat. Breaks out of the bull flag at 4.62. Trade pressures are up.  Volumes are neutral.

At upside resisitance at 4.80, the upper median line. Retracing. The next target down is 4.61. The expected oversold levels decline to 4.45.

A close above 4.79 would signal higher. The expected overbought levels rise to 4.81.

 

GOLD_ GCJ25

Weekly – In the December 2023 uptrend, 4 weeks above resistance.  Trade pressures are up but declining.  Volumes are now bullish.

Daily – Flat. Lower highs. Trade pressures are down into the neutral zone.  Volumes are bullish.

A close above 2956 would signal higher. The expected overbought level declines to 2983.

The next target down is 2843. The expected oversold level rises to 2856.

 

SILVER_ SIK25

Weekly – In the December 2023 uptrend. Trade pressures are down.  Volumes are neutral.

Daily – Flat. Showing lower highs after the move up.  At the 33.50 resisitance. Trade pressures are up but declining.  Volumes are neutral.

The next target down is 31.65. The oversold levels are 31.24.

A close above 32.68 would signal higher. Overbought levels are 33.46.

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGK25

Weekly – In the September 2024 uptrend; rally took it to resisitance. Trade pressures are up. Volumes are bearish.

Daily – Flat. The retracement down, after a rally attempt now retesting the 4.55 downside target. Trade pressures are down.  Volumes remain bearish.

The next target down is 4.46. The expected oversold levels rise to 4.48.

A close above 4.59 would signal higher. The expected overbought levels rise to 4.73.

 

GOLD_ GCJ25

Weekly – In the December 2023 uptrend, breaks out of resistance.  Trade pressures are up but declining.  Volumes are now bearish.

Daily – Flat. The close below the 2917 triggered a short with a profit taken at 2850. Trade pressures are down.  Volumes are bearish.

A close above 2893 would signal higher. The expected overbought level rises to 2989.

The next target down is 2813. The expected oversold level declines to 2843.

 

SILVER_ SIK25

Weekly – In the December 2023 uptrend. Trade pressures are up but declining.  Volumes are bullish.

Daily – Short. In the move down from the 32.05 trigger on 2/24.  At the 31.36 downside target. Trade pressures are down.  Volumes are bearish.

The next target down is 30.61. The oversold levels are 31.70.

A close above 32.68 would signal higher. Overbought levels are 33.49.

[3-4-25: stopped out at 32.68.for a loss.]