#copperfutures #goldfutures #silverfutures
COPPER_ HGZ25
Weekly – In the October 2025 uptrend. Trade pressures are up, but declining. Volumes remain neutral.
Daily – Flat. Stopped out of Long in a pullback below 4.97 level. Trade pressures remain down, but rising. Volumes remain bearish.
The enxt target down is 4.94 support. The expected oversold levels decline to 4.84.
A close above 5.01 would signal higher. The expected overbought levels rise to 5.26.
[OB/OS channel is widening.]
GOLD_ GCZ25
Weekly – In the December 2023 uptrend and coming off resistance. Trade pressures remain up, but declining. Volumes are neutral.
Daily – Flat. In a narrowing consolidation off the 3901 low on 10/28. Trade pressures are up. Volumes remain bearish.
A close above 4011 would signal higher, but nearby OB levels say, “wait”. The expected overbought level declines to 4097.
Support is 3988. The expected oversold level rises to 3910.
[OB/OS channel is narrowing.]
SILVER_ SIZ25
Weekly – In the December 2023 uptrend. Trade pressures remain up, but are turning down. Volumes remain neutral.
Daily – Flat. In the move up from 47.41 on 11/5. Trade pressures are up. Volumes are bullish.
The next target up is 48.67. Overbought levels rise to 49.11.
The next target down is 45.81. The oversold levels rise to 46.60.
[11-8-25: No trade. Need to test 47.70 support first.]
[OB/OS channel is rising.]