Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGZ25

Weekly – In a new October 2025 uptrend. Trade pressures are up. Volumes remain neutral.

Daily – Long. In the new move up from 5.10 on 10/24. Trade pressures remain down.  Volumes remain bearish.

The next target up is 5.24. The expected overbought levels stay at 5.20.

A close below 5.05 would signal lower. The expected oversold levels rise to 4.80.

[OB/OS channel is rising.]

 

GOLD_ GCZ25

Weekly – In the December 2023 uptrend, resistance at the upper median line parallel.  Trade pressures remain up.  Volumes are now neutral.

Daily – Flat. The week’s selloff goes to the 100% retracement target at 4011.  Trade pressures are down but rising.  Volumes closed the week as bearish.

The next target down is 3971. The expected oversold level rises to 4091.

A close above 4169 would resume the move up. The expected overbought level rises to 4362.

[OB/OS channel is rising.]

 

SILVER_ SIZ25

Weekly – In the December 2023 uptrend, but with a spinning top. Trade pressures remain up.  Volumes are now neutral.

Daily – Flat. Consolidating at the 47.50 levels. Trade pressures are down but rising.  Volumes are bearish.

The next target down is 45.81. The oversold levels decline to 47.61.

A close above 49.00 resumes the move up. Overbought levels rise to 49.85.

[OB/OS channel is declining.]