#copperfutures #goldfutures #silverfutures

COPPER_ HGN25

Weekly – In the September 2024 uptrend. Trade pressures are up, but declining. Volumes are now bearish.

Daily – Flat. Remains in the downtrend and in consoldation.  Trade pressures are down.  Volumes are now bullish.

Rallied off the 4.71 support. The next target up is 4.81(also a new long entry). The expected overbought levels decline to 4.84.

Support at 4.75. A close below 4.70 would signal lower.  The expected oversold levels rise to 4.65.

 

GOLD_ GCQ25

Weekly – In the December 2023 uptrend.  Trade pressures are up, still in the neutral zone.  Volumes remain bullish.

Daily – Long. New, from the 7 day bull flag breakout on 6/12 at 3377.  Trade pressures are up.  Volumes are bullish.

The next target up is 3484. The expected overbought level rises to 3430.

A close below 3363 The expected oversold level rises to 3299.

{6-15-25: Set the SL at 3447.]

[6-16-25: Stopped out at the 3447 SL.]

 

SILVER_ SIN25

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

Daily – Long. The sharp move up from 33.58 on 6/2 was stopped out on 6-11-25 at 36.25. Trade pressures are up, but declining.  Volumes remain bullish.

A close above 36.63 would signal higher. The next target up is 37.54. Overbought levels rise to 37.60.

A close below 35.93 would signal lower. The oversold levels rise to 35.07.

[6-17-25: Traded thru the long entry at 36.63. No trade taken. News driven, too fast ]