#copperfutures #goldfutures #silverfutures
COPPER_ HGK26
Weekly – In the October 2025 uptrend. Trade pressures are down into the neutral zone. Volumes are bullish.
Daily – Flat. In the move up from 5.88 on 2/24. Trade pressures are up. Volumes are bullish..
The next target up is 6.20. Again, a resistance level. The expected overbought levels rise to 6.14.
A close below 5.94 would signal lower. The expected oversold levels rise to 5.66.
[OB/OS channel is rising.]
[2-27-26: Set the SL at 5.94.] Watch for a lower high.
GOLD_ GCJ26
Weekly – In the December 2023 uptrend. Trade pressures remain up. Volumes are now bullish.
Daily – Flat. In the new move up from 5234 on 2/27. Trade pressures are up. Volumes remain bullish.
The next target up is 5349. The expected overbought level rises to 5299.
A close below 5148 trend would signal lower. The expected oversold level declines to 4975.
[OB/OS channel is widening.] GVX is 33 – declining, in the chop zone. No trade.
[2-27-26: Set a SL at 5243.]
SILVER_ SIK26
Weekly – In the December 2023 uptrend. Trade pressures are down into the neutral zone. Volumes are now bullish.
Daily – Flat. After the pullback to 86, in a new move up from 88.25 on 2/26. Trade pressures are up but declining. Volumes are remain bullish.
The next target up is 104.54. Overbought levels rise to 89.
A close below 78.93 would signal lower. The oversold levels rise to 80.
[OB/OS channel is rising.] GVX in chop zone, so no trade.