#copperfutures #goldfutures #silverfutures
COPPER_ HGH26
Weekly – In the October 2025 uptrend, turning down at resistance. Trade pressures are down. Volumes remain bearish .
Daily – Flat. In the move down from the pivot high of 6.15. Trade pressures are down. Volumes closed bearish.
A close below 5.74 would signal lower. The expected oversold levels rise to 5.72.
A close above 5.89 would signal higher. The expected overbought levels rise to 6.15.
[OB/OS channel is rising.]
[1-16-26: Set a short SL at 5.89.]
GOLD_ GCG26
Weekly – In the December 2023 uptrend intact with new highs. Trade pressures remain up. Volumes are bullish.
Daily – Flat. In the new downtrend on 1/16. Trade pressures are up, but declining. Volumes remain bullish.
Need a close above 4618 to restart the move up. The expected overbought level rises to 4682.
Forming a bull flag. A close below 4575 would signal lower. The expected oversold level rises to 4506.
[OB/OS channel is rising.]
SILVER_ SIH26
Weekly – In the December 2023 uptrend, new All Time Highs. Trade pressures remain up. Volumes are bullish.
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.
New high at 93.70. Overbought levels rise to 92.40.
A close below 84.84 would signal lower, which is below –>. The oversold levels rise to 87.80
[OB/OS channel is rising.]