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COPPER_ HGH25

Weekly – In the September 2024 uptrend; at support. Trade pressures are down but rising to the neutral zone. Volumes remain bearish.

Daily – Flat. December uptrend beaks down. Trade pressures are down.  Volumes are bearish.

A close above 4.21 would still signal higher. The expected overbought levels hold at 4.25.

A close below 4.09 would signal lower. The expected oversold levels decline to 4.05.

 

GOLD_ GCG25

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

Daily – Flat, In the move down from the 2683 to the 2600 target. Trade pressures are down.  Volumes remain bearish.

Breaks the 2665 support. The next target down is 2501. The expected oversold level declines to 2570.

A close above 2688 would signal higher. The expected overbought level declines to 2682.

 

SILVER_ SIH25

Weekly – Still in the December 2023 uptrend and testing support at 28.00. Trade pressures are down off the neural zone.  Volumes remain bearish.

Daily – Flat. Breaks lower after failing support at 30.11. Trade pressures are down.  Volumes are now neutral.

At the June median line and at the oversold levels are 29.39.

A close above 30.25 would signal higher. Overbought levels are 30.69.