#copperfutures #goldfutures #silverfutures
COPPER_ HGZ25
Weekly – In a new October 2025 uptrend. Trade pressures are up. Volumes remain bullish.
Daily – Flat. Broke up an out of the pullback at 4.89 on 10/2. Trade pressures are up. Volumes are now bullish.
The next target up is 5.16. The expected overbought levels rise to 5.05.
A close below 4.98 would signal lower. The expected oversold levels rise to 4.68.
{Set the SL at 5.00.]
GOLD_ GCZ25
Weekly – In the December 2023 uptrend. Trade pressures are up. Volumes remain bullish.
Daily – Long. In the move up from the mid september pullback at 3721 on 9/22.. Trade pressures are up. Volumes are bullish.
The next target up is 3952. The expected overbought level rises to 3909.
A close below 3876 would signal lower. The expected oversold level rises to 3765.
[see Silver trade]
SILVER_ SIZ25
Weekly – In the December 2023 uptrend. Trade pressures are up. Volumes remain bullish.
Daily – Flat. Profit stop triggered at 47.41. Trade pressures are up but declining. Volumes remain bullish.
The next target up is 48.50. Overbought levels rise to 48.34.
A close below 46.96 would signal lower. The oversold levels rise to 45.86.