Metals

#copperfutures #goldfutures #silverfutures

COPPER_ HGN26, MHGN26

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

Daily –Long. In the new move from 6.31 trade on 6-11. Trade pressures are up.  Volumes are bullish.

The next target up is 6.52.  The expected overbought levels hold at 6.65.

A close below 6.32 would signal lower. The expected oversold levels decline to 6.05.

[OB/OS channel is widening.]

[6-13-26: Set the SL at 6.41.Price up near the OB levels. Need a correction to enter.]

[6-15-26: Still Flat. look for lower.]

 

GOLD_ GCQ26, MGCQ26

Weekly – In the new June 2026 down trend.  Trade pressures remain down. Volumes are now bullish.

Daily – Flat. Basing near the 4046 lows. Trade pressures are down but rising.  Volumes are neutral.

The next target down is 4013. The expected oversold level declines to 4028.

A close above 4467 would signal higher.  The expected overbought level declines to 4329.

[OB/OS channel is declining.]  GVX declines to 26.80 – in the chop zone.

[6-15-26: No pullback no entry.]

 

SILVER_ SIN26

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

Daily – Flat. In the move down, now basing at 67.97, the 200 day MA. Trade pressures are down, but rising.  Volumes remain bearish.

The close above 66.29 did signal higher. The next target up is 70.99, but the weekly is still pointing down. Overbought levels decline to 70.

A close below 65.25 would signal lower.  The oversold levels decline to 58

[OB/OS channel is declining.]

[6-13-26: Wait for a retest. Watch the inflation shift.]