#copperfutures #goldfutures #silverfutures
COPPER_ HGH26
Weekly – In the October 2025 uptrend. Trade pressures rising out of the neutral zone. Volumes remain bullish.
Daily – Long. Stopped out of Long trade at 5.27. Now in overbought territory. Trade pressures are up. Volumes remain bullish.
The next target up is 5.54. The expected overbought levels rise to 5.46.
A close below 5.42 would signal lower. The expected oversold levels rise to 5.12.
[OB/OS channel is rising.]
[waiting for a pullback near oversold levels to re-enter long.]
GOLD_ GCG26
Weekly – In the December 2023 uptrend retesting the high. Trade pressures remain up. Volumes remain bullish.
Daily – Flat. In consolidation at the low 4200’s. Need a breakout above 4266 to re-enter long. Trade pressures are down near the neutral zone. Volumes are now bullish.
The next target up is 4328. The expected overbought level rises to 4287.
A close below 4223 would signal lower and act as a SL. The expected oversold level rises to 4110.
[OB/OS channel is rising.]
SILVER_ SIH26
Weekly – In the December 2023 uptrend, reaching new highs. Trade pressures remain up. Volumes are bullish.
Daily – Long. Long trade stopped out at 58.08. Trade pressures are up but declining. Volumes remain bullish.
The next target up is 61.36. Overbought levels rise to 59.37.
A close below 58.56 would signal lower. Support at 56.83. The oversold levels decline to 51.70.
[OB/OS channel is widening.]