Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGH26

Weekly – In the October 2025 uptrend, turning down at resistance. Trade pressures remain up. Volumes are bearish .

Daily – Flat. In the move up from 5.70 on 1/8/26. Trade pressures are down.  Volumes closed bullish.

The next target up is 6.11. The expected overbought levels rise to 6.08.

A close below 5.70 would signal lower. The expected oversold levels rise to 5.56.

[OB/OS channel is rising.]

[1-10-26: Set the SL at 5.70.]

 

GOLD_ GCG26

Weekly – In the December 2023 uptrend retracing from the spike highs.  Trade pressures remain up.  Volumes remain neutral.

Daily – Flat. In the new move from 4400 on 1/4/26.  Trade pressures are up, but declining.  Volumes are bullish.

The next target up is 4544,  The expected overbought level rises to 4582.

A close below 4452 would signal lower.  The expected oversold level rises to 4340.

[OB/OS channel is rising.]

 

SILVER_ SIH26

Weekly – In the December 2023 uptrend, testing prior highs. Trade pressures remain up.  Volumes are neutral.

Daily – Flat. in a new move up from 78.89 on 1/9/26. Trade pressures are down into the neutral zone.  Volumes are bullish.

The next target up is 82.59. Overbought levels rise to 81.81.

A close below 76.28 would signal lower. The oversold levels rise to 68.44.

[OB/OS channel is rising.]