#copperfutures #goldfutures #silverfutures

COPPER_ HGU26, MHGU26

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

Daily –Flat. The breakout at 6.27 on 7/13 was successful. Rallied to the resistance at 6.46. Pulled back to thest the support at 6.18. Trade pressures are down.  Volumes are bullish.

The next target up is 6.41. The expected overbought levels rise to 6.41.

A close below 6.17 would resume the move down. The expected oversold levels rise to 6.05.

[OB/OS channel is rising.]

[7-20-26:set the SL at 6.17.]

 

GOLD_ GCQ26, MGCQ26

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

Daily – Flat. Consolidating at 3966 recent trading lows. Trade pressures are down.  Volumes are bearish.

The close above 4151 signals higher. The next target up is 4235. The expected overbought level declines to 4136.

A close below 3987 would signal lower. The expected oversold level rises to 3942.

[OB/OS channel is narrowing.]  GVX @ 25 = chop zone.

[7-20-26: Don’t want to trade long against the weekly downward pressures. no entry.]

 

SILVER_ SIU26

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

Daily – Short. In the new move down from the 60 trend break on 7/07.  Trade pressures are down, but rising.  Volumes are now neutral.

The next target down is 55.60  The oversold levels decline to 53.

A close above 57.51 would signal higher.  Overbought levels decline to 60.

[OB/OS channel is declining.]

[7-20-26: Set the SL at 57.50.]