#copperfutures #goldfutures #silverfutures

COPPER_ HGU26, MHGU26

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

Daily –Flat. The lower median line parallel holds support at 6.07. Trade pressures are up.  Volumes are bearish.

The next target down is 6.09. The expected oversold levels decline to 5.84.

A close above  6.22 would signal higher. The expected overbought levels rise to 6.24.

[OB/OS channel is widening.]

[7-3-26: Now looking for a new long entry at a break out of 6.32; weekly permitting.]

 

GOLD_ GCQ26, MGCQ26

Weekly – In the June 2026 down trend.  Trade pressures remain down, rising slightly. Volumes are bearish.

Daily – Flat. Support now at the 4013 target. Trade pressures are up.  Volumes are bullish.

The close above 4151 signals higher. The next target up is 4215. The expected overbought level declines to 4192.

A close below 4139 would signal lower. The expected oversold level declines to 3908.

[OB/OS channel is declining.]  GVX @ 28 = chop zone.

[7-3-26: Gold is a preferred asset class in Quad 4. But, don’t want to trade long against the weekly downward pressures or, the rising dollar. no entry.]

 

SILVER_ SIU26

Weekly – In the June 2026 downtrend. Trade pressures are down.  Volumes remain bearish.

Daily – Flat. In a new move up off the 56.13 low pivot on 6/26. Trade pressures are up.  Volumes are now bullish.

The next target up is 63.21, and a new long entry. Overbought levels rise to 65.

A close below 61.78 would signal lower.  The oversold levels rise to 55.

[OB/OS channel is rising.]