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COPPER_ HGZ24

Weekly – In the September 2024 uptrend. Trade pressures are down into the neutral zone. Volumes remain bullish.

Daily – Flat. Touched the 4.29 support and long trigger from 4.33.  Trade pressures are up into the neutral zone.  Volumes remain bearish.

Waiting for a long entry on a back-test of the 4.29. The next target up is 4.46. The expected overbought levels have declined to 4.63.

A close below 4.28 would signal lower. The expected oversold levels decline to 4.24.

 

GOLD_ GCZ24

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

Daily – Long. Breakout of the small bull flag on 10/11 at 2669. Trade pressures are up.  Volumes are bullish.

The next target up is 2787. The expected overbought level are 2726.

A close below 2680 would signal lower. The expected oversold level rises to 2645.

 

SILVER_ SIZ24

Weekly – Still in the December 2023 uptrend.  Trade pressures remain up but declining.  Volumes remain bullish.

Daily – Flat. In a new uptrend. Trade pressures are up.  Volumes are bearish.

No trade. The next target up is 33.78. Overbought levels are 33.69.

A close below 32.14 would signal lower.  Oversold levels are 29.99.