#copperfutures #goldfutures #silverfutures

COPPER_ HGK26, MHGK26

Weekly – In the October 2025 uptrend. Trade pressures remain up. Volumes remain bullish.

Daily – Flat. The move up from 5.76 on 4/10 reached 6.13 and turned down. Trade pressures are up, turning down.  Volumes are neutral.

The close below 6.10 did signal lower. The next target down is 5.97. The expected oversold levels rise to 5.91.

A close above 6.07 would signal higher. The expected overbought levels decline to 6.18.

[OB/OS channel is narrowing.]

 

GOLD_ GCM26, MGCM26

Weekly – In the December 2023 uptrend.  Trade pressures are up; holding at the median line. Volumes are bearish.

Daily – Flat. The move down from 4796 on 4/19 continues. Trade pressures are down.  Volumes are bearish.

The next target down is 4693. The expected oversold level declines to 4645.

A close above 4763 would signal higher. The expected overbought level rises to 4891.

[OB/OS channel is widening.]  GVX drops to 25.80 – in the investable zone.

 

SILVER_ SIK26

Weekly – In the December 2023 uptrend. Trade pressures remain down, but rising.  Volumes remain neutral.

Daily – Flat. In the move down from 79.13 on 4/19.  Trade pressures are down.  Volumes are bearish.

The next target down is 74.31. The oversold levels rise to 73.

A close above 76.95 would signal higher. Overbought levels rise to 84.

[OB/OS channel is rising.]