#copperfutures #goldfutures #silverfutures
COPPER_ HGN26, MHGN26
Weekly – In the October 2025 uptrend. Trade pressures remain up. Volumes are bullish.
Daily –Flat. Remains in the move up from 6.35 on 5/22. Trade pressures are up. Volumes are bullish.
The next target up is 6.58. The expected overbought levels decline to 6.45.
A close below 6.32 would signal lower. The expected oversold levels rise to 6.20.
[OB/OS channel is narrowing.] Trending, can buy the dip with tight stops.
[5-30-26: Set a SL at 6.32.]
GOLD_ GCM26, MGCM26
Weekly – In the December 2023 uptrend, still near support. Trade pressures remain down. Volumes remain bearish.
Daily – Flat. In the move up from 4535 on 5/24. GDP moving toward stagflation; buy dips toward 4516. Trade pressures are up. Volumes are bullish.
The next target up is 4751. The expected overbought level declines to 4601.
A close below 4509 would signal lower. The expected oversold level rises to 4473.
[OB/OS channel is narrowing.] GVX declines to 23.80 – remaining in the investable zone.
[5-30-26: Set a SL at 4456. Resistance at 4767.]
SILVER_ SIN26
Weekly – In the December 2023 uptrend. Trade pressures are down. Volumes remain neutral.
Daily – Flat. The new move up from 78.04 on 5/24 failed. Trade pressures are down. Volumes are bearish.
The next target up is 77.90. Overbought levels rise to 83.
A close below 74.53 would signal lower. The oversold levels rise to 73
[OB/OS channel is rising.]