#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.]