#copperfutures #goldfutures #silverfutures

COPPER_ HGK26

Weekly – In the October 2025 uptrend, testing support. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move down from 5.83 on 3/11. Stopped out of the rally attempt at BE. At the 5.37 support. Trade pressures are down.  Volumes remain bearish.

The next target down is 5.01. The expected oversold levels rise to 5.65.

A close above 5.49 would signal higher. The expected overbought levels decline to 5.78.

[OB/OS channel is narrowing.]

[3-23-26: long at 5.49 SL at 5.43.]

[3-26-26: Stopped out at 5.43.]

 

GOLD_ GCJ26

Weekly – In the December 2023 uptrend.  Trade pressures are down.  Volumes are bearish.

Daily – Flat. Short stopped out at 5027.  Trade pressures are down.  Volumes are now neutral.

The next target down is the 200 day MA at 4150. The expected oversold level declines to 4651.

A close above 4535 would signal higher.  The expected overbought level rises to 5349.

[OB/OS channel is declining.]  GVX is 38 – in the chop zone.

[3-22-26: Neutral volumes suggest short covering.; so, watch for a sharp rally in the downtrend]

 

SILVER_ SIK26

Weekly – In the December 2023 uptrend. Trade pressures are down.  Volumes are bearish.

Daily – Flat. Near the downside target of 65.55. Trade pressures are down.  Volumes are bearish.

The next target down is 66.42. The oversold levels decline to 68.

A close above 70.26 would signal higher.  Overbought levels decline to 75.

[OB/OS channel is declining.]