Metals

#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.