#copperfutures #goldfutures #silverfutures
COPPER_ HGK26
Weekly – In the October 2025 uptrend. Trade pressures are down into the neutral zone. Volumes are neutral.
Daily – Flat. In the move down from 5.94 on 3/3. Trade pressures are down. Volumes are bearish.
The next target down is 5.69. The expected oversold levels rise to 5.69.
A close above 5.93 would signal higher. The expected overbought levels decline to 6.06.
[OB/OS channel is narrowing.]
[3-6-26: Set the SL at 5.93. TP At 5.69.]
GOLD_ GCJ26
Weekly – In the December 2023 uptrend. Trade pressures remain up. Volumes remain bullish.
Daily – Long. In the new move up from 5176 on 3/6. Trade pressures are down but rising. Volumes are neutral.
The next target up is 5278. The expected overbought level rises to 5343.
A close below 5141 trend would signal lower. The expected oversold level rises to 5026.
[OB/OS channel is rising.] GVX is 34 – still in the chop zone.
[3-6-26: Set a SL at 5141.]
SILVER_ SIK26
Weekly – In the December 2023 uptrend. Trade pressures remain in the neutral zone. Volumes remain bullish.
Daily – Flat. Sold down hard. Trade pressures are down but rising. Volumes are neutral.
The next target up is 90.49. Overbought levels rise to 92.
A close below 78.93 would signal lower. The oversold levels rise to 79.
[OB/OS channel is rising.]
No trade.