#copperfutures #goldfutures #silverfutures

COPPER_ HGH26

Weekly – In the October 2025 uptrend, spiked to new highs and retraced. Trade pressures are up. Volumes are bullish .

Daily – Flat. Sold the spike over 6.58 at.6.22. Trade pressures are up but turning down.  Volumes closed bearish.

The next target down is 5.84. Tested this level but did not close below. The expected oversold levels rise to 5.79.

A close above 5.97 would signal higher. Some buying at the close. The expected overbought levels rise to 6.38.

[OB/OS channel is still rising.]

 

GOLD_ GCG26

Weekly – In the December 2023 uptrend; a wide ranging bar, 4700-5626.  Trade pressures remain up.  Volumes are bearish.

Daily – Flat. The selloff gives the entire move back, from 5620 to 4660.  Trade pressures are down.  Volumes are bearish.

A close above 4962 would signal higher.  The expected overbought level rises to 5574.

A close below 4728 would signal lower. Still in a downtrend.  The expected oversold level rises to 5008.

[OB/OS channel is rising.]

 

SILVER_ SIH26

Weekly – In the December 2023 uptrend; a wide ranging bar, 74-121. Trade pressures remain up.  Volumes are bearish.

Daily – Flat. The hyperbolic move up to 121 crashes to close at 85. (At $5000 per big point) . Trade pressures are down.  Volumes are bearish.

The next target down is 74.47. May backtest the 87.00 level first. The oversold levels rise to 109

New high at 121.78. Overbought levels rise to 116.

[OB/OS channel is rising.]