#copperfutures #goldfutures #silverfutures

COPPER_ HGZ25

Weekly – In the August 2025 downtrend. Trade pressures are down. Volumes remain neutral.

Daily – Long. In a new move up from 4.54 on 8/28. Trade pressures are up.  Volumes are are now bullish.

The next target up is 4.60. The expected overbought levels rises to 4.60.

A close below 4.53 would signal lower. The expected oversold levels rise to 4.40.

[9-3-25: Raise SL to 4.57.]

[9-4-25: Stopped out at 4.57.]

 

GOLD_ GCZ25

Weekly – In the December 2023 uptrend with support at 3193.  Trade pressures are up slightly.  Volumes are bullish.

Daily – Long. In the move up from 3422 on 8/22.  Trade pressures are up.  Volumes are neutral.

The next target up is 3602. The expected overbought level rises to 3425.

A close below 3380 would signal lower. The expected oversold level declines to 3300.

[Original trade was stopped out.]

 

SILVER_ SIZ25

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

Daily – Long, In the move up from the breakout on 8/22 from 38.22. Trade pressures are up.  Volumes remain bullish.

The next target up is 41.33. Overbought levels rise to 41.80.

A close below 40.10 would signal lower. The oversold levels rise to 38.95.

[Missed this trade]