#copperfutures #goldfutures #silverfutures

COPPER_ HGH26

Weekly – In the October 2025 uptrend. Trade pressures are up but declining. Volumes are neutral .

Daily – Flat. In the move down from 6.17 on 1/30. Trade pressures are down.  Volumes closed bullish.

The next target down is 5.57. Tested this level but did not close below. The expected oversold levels decline to 5.70.

A close above 5.90 would signal higher. This is also resistance. The expected overbought levels decline to 6.22.

[OB/OS channel is declining.]

 

GOLD_ GCG26

Weekly – In the December 2023 uptrend.  Trade pressures remain up.  Volumes are now neutral.

Daily – Long. In the new move up from 4987.  Trade pressures are down.  Volumes remain bearish.

The next target up is 5130.  The expected overbought level declines to 5521.

A close below 4864 would signal lower. The expected oversold level declines to 4708.

[OB/OS channel is declining.]

[2-7-26: Set the SL at 4864.]  Watch the USD, negative correlation.

 

SILVER_ SIH26

Weekly – In the December 2023 uptrend, but with a massive  correction. Trade pressures are down into the neutral zone.  Volumes are neutral.

Daily – Flat. The downtrend, moves to a low of 63.90 and recovers into the weekend. Trade pressures are down.  Volumes are now bullish.

The next target down is 65.29. May backtest the 83.80 level first. The oversold levels decline to 74

A close above 78.50 would signal higher. Overbought levels decline to 110.

[OB/OS channel is declining.]