#copperfutures #goldfutures #silverfutures
COPPER_ HGH26
Weekly – In the October 2025 uptrend. Trade pressures are up. Volumes remain bullish.
Daily – Flat. Friday sells off from the upper resistance. Trade pressures are down into the neutral zone. Volumes are bearish.
The next target down is 5.23. The expected oversold levels rise to 5.21.
A close above 5.37 would signal higher. The expected overbought levels rise to 5.48.
[OB/OS channel is rising.]
[still waiting for a pullback near oversold levels to re-enter long.]
GOLD_ GCG26
Weekly – In the December 2023 uptrend retesting the highs. Trade pressures remain up. Volumes remain bullish.
Daily – Flat. Broke above the 4380’s and sold off on a bearish volume Friday. Trade pressures are up. Volumes are now bearish.
The next target up is 4387. The expected overbought level rises to 4344.
A close below 4270 would signal lower and act as a SL. The expected oversold level rises to 4207.
[OB/OS channel is rising.]
SILVER_ SIH26
Weekly – In the December 2023 uptrend, reaching more new highs. Trade pressures remain up. Volumes remain bullish.
Daily – Flat. Pulling back hard from the 64.72 high. Trade pressures are up but declining. Volumes are bearish.
The next target up is 63.51. Overbought levels rise to 63.56.
A close below 60.07 would signal lower. Support at 56.98. The oversold levels rise to 54.63.
[OB/OS channel is rising.]