#copperfutures #goldfutures #silverfutures

COPPER_ HGH26

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

Daily – Flat. In the move down from 6.17 on 1/30: Tested the 5.77 downside target. Trade pressures are down.  Volumes remain bullish.

The next target down is still 5.57. The expected oversold levels decline to 5.67.

A close above 5.88 would signal higher. This is also a resistance level. The expected overbought levels decline to 6.12.

[OB/OS channel is declining.]

 

GOLD_ GCJ26

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

Daily – Flat. In the move up from 4987 and at resistance at 5068.  Trade pressures are down but rising.  Volumes are now neutral.

The next target up is 5144.  The expected overbought level declines to 4842.

A close below 4936 would signal lower. The expected oversold level rises to 5209.

[OB/OS channel is widening.] expect rising volatility.

[2-14-26: set the SL at 5024.] Watch the USD, negative correlation.

 

SILVER_ SIH26

Weekly – In the December 2023 uptrend, but with a massive correction to the mean. Trade pressures remain in the neutral zone.  Volumes remain neutral.

Daily – Flat. In consolidation between 63 and 83. Trade pressures remain down.  Volumes are now neutral.

The next target down is 72. Did backtest the 83 level. The oversold levels rise to 76

A close above 78.50 would signal higher. Overbought levels decline to 84.

[OB/OS channel is narrowing.] less volatility expected.