#copperfutures #goldfutures #silverfutures

COPPER_ HGZ25

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

Daily – Long. In the new move up from 5.10 on 10/24, but now in a pullback from the 5.27 level. Trade pressures remain down.  Volumes remain bearish.

Next target up is 5.40. The expected overbought levels rise to 5.25.

A close below 5.05 would signal lower. The expected oversold levels rise to 4.93.

[11-02-25: Set the SL at 4.97.]

[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 3901and turns up.  Trade pressures are down but rising.  Volumes remain bearish.

A close above 4011 would signal higher, but negative pressures say, “wait”. The expected overbought level declines to 4325.

Support is 3971. The expected oversold level declines to 3832.

[OB/OS channel is declining.]

 

SILVER_ SIZ25

Weekly – In the December 2023 uptrend. Trade pressures remain up, but are turning down.  Volumes remain neutral.

Daily – Flat. reached the 445.81 downside target and rallied from there. Trade pressures are up.  Volumes are bullish.

The close above 47.83 on 10/30 signaled higher. Overbought levels decline to 48.07.

The next target down is 45.81. The oversold levels decline to 46.56.

[11-2-25: No trade. Need to break above the small bull flag at 48.42.]

[OB/OS channel is declining.]