#copperfutures #goldfutures #silverfutures

COPPER_ HGZ26, MHGZ26

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

Daily –Flat. Did break above the 67 level, but the retest of that breakout failed and price tumbled to support at 6.49 on 9/10.
Trade pressures are down.  Volumes are again neutral.

Now near the OS levels; so may expect a bounce. But the declining weekly cautions against any entry. The expected overbought level rises to 6.84.

A close below 6.58 would signal lower. The expected oversold levels decline to 6.35.

[OB/OS channel is widening.]
[9-13-26: expect increasing volatility.]

 

GOLD_ GCZ26, MGCZ26

Weekly – In the new August 2026 uptrend.  Trade pressures down and declining. Volumes remain bullish.

Daily – Flat. In the move down from 4508 and the 200 day on 8/28. Trade pressures are down.  Volumes are bullish.

The next target down is 4257. The expected oversold level declines to 4276.

A close above 4438 would signal higher. The expected overbought level declines to 4503.

[OB/OS channel is declining.]  GVX @ 25 = investable. The 30 level would indicate Chop.

[9-13-26: Gold is sensitive to interest rates. The 10yr yield is now OB; so any decline in rates would set up a new long for Currency equivalent metals.]

 

SILVER_ SIZ26

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

Daily – Flat. The next target up from 64.42 is 66.30 (resistance).  Trade pressures are downp.  Volumes are bullish.

After the 9/10 drop. now in a new move up off the 63.15 low.  Overbought levels rise to 70.

A close below 63.48 would signal lower. The oversold levels hold at 62.

[OB/OS channel is widening.]

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ26, MHGZ26

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

Daily –Flat. The pullback from the lower high at 6.85 on 8/26 has found support at 6.49 on 9/2.
Trade pressures are up.  Volumes are neutral.

The close above 6.61 on 9/2 has triggered a new move up. But, OB/OS levels are declining – Wait. The expected overbought level declines to 6.75.

A close below 6.58 would signal lower. The expected oversold levels decline to 6.40.

[OB/OS channel is declining.]

[9-5-26: A close above 67 would be a breakout above the upper parallel resistance.]

 

GOLD_ GCZ26, MGCZ26

Weekly – In the new August 2026 uptrend.  Trade pressures are up, but declining. Volumes are now bullish.

Daily – Flat. In the move up from support at 4317 on 9/2. Trade pressures are up.  Volumes are bullish.

The next target up is 4630, which is also resistance. The expected overbought level declines to 4691.

A close below 4383 would signal lower. The expected oversold level declines to 4296.

[OB/OS channel is declining.]  GVX @ 26 = investable. The 30 level would indicate Chop.

 

SILVER_ SIZ26

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

Daily – Flat. In the move up from 66.08 on 9/2. OB/OS is declining. Trade pressures are up.  Volumes are bearish.

The next target up is 68.38, with resistance at 67.95.  Overbought levels decline to 69.

A close below 65.50 would signal lower. The oversold levels decline to 62.

[OB/OS channel is declining.]

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ26, MHGZ26

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

Daily –Flat. The move up from 6.64 on 8/21 meets resistance at 6.84, the upper median line.
Trade pressures are down.  Volumes are bullish.

In the pull lack from 6.84. Need a close above 6.68 to resume the move up. The expected overbought levels rises to 6.75.

A close below 6.55 would signal lower. The expected oversold levels rise to 6.47.

[OB/OS channel is rising.]

 

GOLD_ GCZ26, MGCZ26

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

Daily – Flat. The high of 4755 on Tuesday fails and selling begins. Trade pressures are down.  Volumes are bearish.

the close below 4646 did signal lower. The next target down is 4393. The expected oversold level rises to 4399.

A close above 4583 would signal higher. The expected overbought level rises to 4763.

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

 

SILVER_ SIU26

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

Daily – Flat. In the move down from 68.50 on 8/28.  Trade pressures are up but declining.  Volumes are bearish.

The next target down is 64.72. The oversold levels rise to 69.

A close above 69.12 would signal higher.  Overbought levels rise to 74.

[OB/OS channel is rising.]

#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.]

#copperfutures #goldfutures #silverfutures

COPPER_ HGU26, MHGU26

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

Daily –Flat. The short entry at 6.66 on 8/7 has been stopped out at the entry price on 8/11. Made a lower high on 8/17 and continues lower. Trade pressures are down.  Volumes remain bearish.

The next target down is 6.39. The expected oversold levels rise to 6.45.

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

[OB/OS channel is narrowing.]

 

GOLD_ GCZ26, MGCZ26

Weekly – In the June 2026 down trend, should test resistance.  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.

Price at the next target up – 4500, and above OB. The expected overbought level rises to 4475.

A close below 4338 would signal lower. The expected oversold level rises to 4246.

[OB/OS channel is rising.]  GVX @ 24 = investable.

[8-18-26: Take profit at the 4410 level.]

 

SILVER_ SIU26

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

Daily – Flat. In a new move down from 65 on 8/18. Wait for a pullback enter short. Trade pressures are down into the neutral zone.  Volumes are bearish.

The next target down is 62.41. The oversold levels rise to 61.

A close above 65.39 would signal higher.  Overbought levels rise to 68.

[OB/OS channel is rising.]

 

#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]

[8-11-26: Stopped out for a gain.]

#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.]