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 new move down from 5.83 on 3/11.  Trade pressures are down.  Volumes remain bearish.

The next target down is 5.65. The expected oversold levels decline to 5.65.

A close above 5.75 would signal higher. The expected overbought levels decline to 6.00.

[OB/OS channel is declining.]

[3-14-26: Set the SL at 5.74. TP At 5.61.]

[3-16-26: Long at 5.75. Set the SL at 5.75.]

[3-17-26: Stopped out at 5.75.]

 

GOLD_ GCJ26

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

Daily – Short. In the new move down from 5143 on 3/12.  Trade pressures are down.  Volumes are bearish.

The next target down is 4982. The expected oversold level declines to 5020.

A close above 5070 would signal higher.  The expected overbought level declines to 5313.

[OB/OS channel is declining.]  GVX is 32 – at the chop zone.

[3-14-26: Set a SL at 5070.]

[3-16-26: Lower SL to 5027. TP at 4970.]

[3-17-26: Stopped out at 5027.]

 

SILVER_ SIK26

Weekly – In the December 2023 uptrend. Trade pressures remain in the neutral zone.  Volumes are neutral.

Daily – Flat. Near the downside target of 78.89. Trade pressures are down.  Volumes are bearish.

The next target up is 82.60 83.28.  Overbought levels decline to 88.

The next target down is 76.15. The oversold levels rise to 80.

[OB/OS channel is narrowing.]

No trade.

[3-16-26: In a new move up from 80.20. Set the SL to 78.95.]
[3-17-26: Raise the SL to 79.75.][Stopped out at 79.75.]