#copperfutures #goldfutures #silverfutures

COPPER_ HGU26, MHGU26

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

Daily –Flat. Rallied to 6.86 with no pullback. The short entry at 6.66 on 8/7 has been triggered. Trade pressures are up, but declining.  Volumes are now bearish.

The next target down is 6.47. The expected oversold levels rise to 6.40.

A close above 6.71 would signal higher. The expected overbought levels rise to 6.85.

[OB/OS channel is rising.]

[8-7-26: If short, then the SL is the entry at 6.66]

 

GOLD_ GCZ26, MGCZ26

Weekly – In the June 2026 down trend.  Trade pressures are up into the neutral zone. Volumes are bullish.

Daily – Long. In the new move up from the 4133 trigger on 8/4. Trade pressures are up.  Volumes are bullish.

The next target up is 4407. The expected overbought level rises to 4331.

A close below 4338 would signal lower. The expected oversold level rises to 4103.

[OB/OS channel is narrowing.]  GVX @ 25 = investable.

[8-5-26: got the breakout.]

 

SILVER_ SIU26

Weekly – In the June 2026 downtrend. Trade pressures remain down, but rising.  Volumes are now bullish.

Daily – Flat. In the new move up from 62 on 8/7.  Trade pressures are up.  Volumes are bullish.

The next target up is 69.17.  Overbought levels rise to 65.

A close below 62.61 would signal lower. The oversold levels rise to 57.

[OB/OS channel is rising.]

[8-7-26: Set the SL at 62.61.]

[8-10-26: Raise the SL to 64.96]

#copperfutures #goldfutures #silverfutures

COPPER_ HGU26, MHGU26

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

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

The next target up is 6.57. The expected overbought levels rise to 6.59.

A close below 6.43 would resume the move down. The expected oversold levels rise to 6.19.

[OB/OS channel is rising.]

[7-31-26: Look for a pull back to re-enter.]

 

GOLD_ GCZ26, MGCZ26

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 to the neutral zone.  Volumes are bearish.

A close above 4133 signals higher. The next target up is 4182. The expected overbought level declines to 4139.

A close below 4021 would signal lower. The expected oversold level rises to 3991.

[OB/OS channel is narrowing.]  GVX @ 23 = investible.

[7-31-26: Don’t want to trade long against the weekly downward pressures. no entry. Narrowing presages some kind of breakout.]

 

SILVER_ SIU26

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

Daily – Flat. Consolidating in a narrow range.  Trade pressures are down to the neutral zone.  Volumes are bearish.

A close above 62.00 would signal higher.  Overbought levels decline to 61.

Support is now 56.84.  The oversold levels decline to 54.

[OB/OS channel is declining.]

#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.]

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGU26, MHGU26

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

Daily –Flat. The breakout at 6.27 on 7/13 was successful. Rallied to the resistance at 6.46. Pulled back to thest the support at 6.18. Trade pressures are down.  Volumes are bullish.

The next target up is 6.41. The expected overbought levels rise to 6.41.

A close below 6.17 would resume the move down. The expected oversold levels rise to 6.05.

[OB/OS channel is rising.]

[7-20-26:set the SL at 6.17.]

 

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.

The close above 4151 signals higher. The next target up is 4235. The expected overbought level declines to 4136.

A close below 3987 would signal lower. The expected oversold level rises to 3942.

[OB/OS channel is narrowing.]  GVX @ 25 = chop zone.

[7-20-26: 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 remain bearish.

Daily – Short. In the new move down from the 60 trend break on 7/07.  Trade pressures are down, but rising.  Volumes are now neutral.

The next target down is 55.60  The oversold levels decline to 53.

A close above 57.51 would signal higher.  Overbought levels decline to 60.

[OB/OS channel is declining.]

[7-20-26: Set the SL at 57.50.]

#copperfutures #goldfutures #silverfutures

COPPER_ HGU26, MHGU26

Weekly – In the October 2025 uptrend, selling down to support. Trade pressures are down. Volumes remain bearish.

Daily –Flat. The lower median line parallel failed at the 6.07 support. Attempting a breakout at 6.27. Trade pressures are up.  Volumes are now bullish.

The next target up is 6.46. The expected overbought levels rise to 6.28.

A close below 6.19 would resume the move down. The expected oversold levels rise to 5.96.

[OB/OS channel is rising.]

[7-10-26: Now looking for a new long entry at a break out of 6.27.]

 

GOLD_ GCQ26, MGCQ26

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

Daily – Flat. Consolidating at the 4013 target. Trade pressures are down but rising.  Volumes remain bullish.

The close above 4151 signals higher. The next target up is 4215. The expected overbought level rises to 4198.

A close below 4020 would signal lower. The expected oversold level declines to 3900.

[OB/OS channel is widening.]  GVX @ 28 = chop zone.

[7-10-26: Gold is a preferred asset class in Quad 4 (slowing GDP and slowing inflation). But, don’t want to trade long against the weekly downward pressures or, the rising dollar. no entry.]

 

SILVER_ SIU26

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

Daily – Flat. In a new move up off the 56.13 low pivot on 6/26 is stalling. Trade pressures are down.  Volumes are now bearish.

The next target up is 63.21, and a new long entry. Overbought levels decline to 64.

A close below 60.30 would signal lower.  The oversold levels rise to 56.

[OB/OS channel is narrowing.]

#copperfutures #goldfutures #silverfutures

COPPER_ HGU26, MHGU26

Weekly – In the October 2025 uptrend, selling down to support. Trade pressures are down. Volumes remain bearish.

Daily –Flat. The lower median line parallel holds support at 6.07. Trade pressures are up.  Volumes are bearish.

The next target down is 6.09. The expected oversold levels decline to 5.84.

A close above  6.22 would signal higher. The expected overbought levels rise to 6.24.

[OB/OS channel is widening.]

[7-3-26: Now looking for a new long entry at a break out of 6.32; weekly permitting.]

 

GOLD_ GCQ26, MGCQ26

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

Daily – Flat. Support now at the 4013 target. Trade pressures are up.  Volumes are bullish.

The close above 4151 signals higher. The next target up is 4215. The expected overbought level declines to 4192.

A close below 4139 would signal lower. The expected oversold level declines to 3908.

[OB/OS channel is declining.]  GVX @ 28 = chop zone.

[7-3-26: Gold is a preferred asset class in Quad 4. But, don’t want to trade long against the weekly downward pressures or, the rising dollar. no entry.]

 

SILVER_ SIU26

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

Daily – Flat. In a new move up off the 56.13 low pivot on 6/26. Trade pressures are up.  Volumes are now bullish.

The next target up is 63.21, and a new long entry. Overbought levels rise to 65.

A close below 61.78 would signal lower.  The oversold levels rise to 55.

[OB/OS channel is rising.]

 

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGU26, MHGU26

Weekly – In the October 2025 uptrend. Trade pressures are down. Volumes are now bearish.

Daily –Flat. Sold down to the lower median line parallel at 5.99 on 6/24. Trade pressures are down, but rising.  Volumes remain bullish.

The next target down is 6.09. The expected oversold levels decline to 5.84.

A close above  6.22 would signal higher. The expected overbought levels decline to 6.24.

[OB/OS channel is declining.]

[6-27-26: Looking for a new long entry near 6.09, weekly permitting.]

 

GOLD_ GCQ26, MGCQ26

Weekly – In the June 2026 down trend.  Trade pressures remain down. Volumes are bearish.

Daily – Flat. Lower, new support at the 4013 target. Trade pressures are down.  Volumes are bearish.

The next target down is 4013. The expected oversold level declines to 3921.

A close above 4141 would signal higher.  The expected overbought level declines to 4230.

[OB/OS channel is declining.]  GVX  27.10 –  chop zone.

[6-27-26: Don’t want to trade long against the weekly downward pressures (or, the rising dollar). no entry.]

 

SILVER_ SIU26

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

Daily – Flat. Continues the move down, breaking the 200 day MA. Trade pressures are down, but rising.  Volumes are now bullish.

The next target down is the 52.72.  The oversold levels decline to 53

A close above 60.00 would signal higher. Overbought levels decline to 64.

[OB/OS channel is declining.]

[6-27-26: Very oversold]

#copperfutures #goldfutures #silverfutures

COPPER_ HGN26, MHGN26

Weekly – In the October 2025 uptrend. Trade pressures remain up. Volumes remain bullish.

Daily –Flat. Pulling back from 6.31 long trade on 6-11. Trade pressures are down.  Volumes remain bullish.

The next target down is 6.22. The expected oversold levels rise to 6.05.

A close above  6.38 would signal higher. The expected overbought levels decline to 6.60.

[OB/OS channel is widening.]

[6-19-26: Looking for a new long entry near 6.22.]

 

GOLD_ GCQ26, MGCQ26

Weekly – In the new June 2026 down trend.  Trade pressures remain down. Volumes remain bullish.

Daily – Flat. Testing the support at 4116; the lower median line parallel. Trade pressures are down.  Volumes remain neutral.

The next target down is 4013. The expected oversold level rises to 4113.

A close above 4467 would signal higher.  The expected overbought level rises to 4416.

[OB/OS channel is rising.]  GVX  27.90 –  chop zone.

[6-19-26: Don’t want to trade long against the weekly downward pressures. no entry.]

 

SILVER_ SIN26

Weekly – In the December 2023 uptrend, testing the 59 support. Trade pressures are down.  Volumes remain bearish.

Daily – Flat. Continues the move down, breaking the 200 day MA. Trade pressures are down, but rising.  Volumes are now bullish.

The next target down is the 63.35 ML parallel, which was tested thursday.  The oversold levels rise to 63

A close above 66.43 would signal higher. Overbought levels rise to 75.

[OB/OS channel is rising.]

[6-19-26: The first attempt (6/15) at a rally; failed.]

#copperfutures #goldfutures #silverfutures

COPPER_ HGN26, MHGN26

Weekly – In the October 2025 uptrend. Trade pressures remain up. Volumes are now bullish.

Daily –Long. In the new move from 6.31 trade on 6-11. Trade pressures are up.  Volumes are bullish.

The next target up is 6.52.  The expected overbought levels hold at 6.65.

A close below 6.32 would signal lower. The expected oversold levels decline to 6.05.

[OB/OS channel is widening.]

[6-13-26: Set the SL at 6.41.Price up near the OB levels. Need a correction to enter.]

[6-15-26: Still Flat. look for lower.]

 

GOLD_ GCQ26, MGCQ26

Weekly – In the new June 2026 down trend.  Trade pressures remain down. Volumes are now bullish.

Daily – Flat. Basing near the 4046 lows. Trade pressures are down but rising.  Volumes are neutral.

The next target down is 4013. The expected oversold level declines to 4028.

A close above 4467 would signal higher.  The expected overbought level declines to 4329.

[OB/OS channel is declining.]  GVX declines to 26.80 – in the chop zone.

[6-15-26: No pullback no entry.]

 

SILVER_ SIN26

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

Daily – Flat. In the move down, now basing at 67.97, the 200 day MA. Trade pressures are down, but rising.  Volumes remain bearish.

The close above 66.29 did signal higher. The next target up is 70.99, but the weekly is still pointing down. Overbought levels decline to 70.

A close below 65.25 would signal lower.  The oversold levels decline to 58

[OB/OS channel is declining.]

[6-13-26: Wait for a retest. Watch the inflation shift.]

 

#copperfutures #goldfutures #silverfutures

COPPER_ HGN26, MHGN26

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

Daily –Short. Breakdown below 6.32 tirggers the short trade on 6-5. Trade pressures are down.  Volumes are bearish.

The next target down is 6.13. The expected oversold levels rise to 6.21.

A close above 6.42 would signal higher.  The expected overbought levels rise to 6.65.

[OB/OS channel is rising.]

[6-6-26: Set a SL for the short at 6.32. Take profit at 6.13.]

[6-7-26: Stopped out at 6.32 for a BE.]

 

 

GOLD_ GCQ26, MGCQ26

Weekly – In the December 2023 uptrend, still near support.  Trade pressures remain down. Volumes remain bearish.

Daily – Short. In the move down from 4509 on 6/4 amid rising rate expectations. Trade pressures are down.  Volumes are bearish.

The next target down is 4192. The expected oversold level declines to 4405.

A close above 4467 would signal higher.  The expected overbought level declines to 4560.

[OB/OS channel is declining.]  GVX rises to 28.80 – remaining in the investable zone.

[6-9-26: Lower SL to 4392. Take profits at 4192. ]
[6-10-26: Profit Stop 4192 met for a gain.]

 

SILVER_ SIN26

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

Daily – Short. In the new move down from 74.53 on 6/4. Trade pressures are down.  Volumes remain bearish.

The next target down is 65.05   The oversold levels decline to 68

A close above 72.32 would signal higher.  Overbought levels decline to 75.

[OB/OS channel is declining.]

[6-6-26: set the SL for the short entry at 70.27. Take short profits at 65.]

[6-9-26: Profit stop at 65 met for a gain.]