#copperfutures #goldfutures #silverfutures

COPPER_ HGZ26, MHGZ26

Weekly – In the October 2025 uptrend. Trade pressures are up into the neutral zone. Volumes are bullish.

Daily –Flat. In a pull back to 6.78. Remains OB. Trade pressures are down.  Volumes are neutral.

The next target up is 6.92. The expected overbought level rises to 6.79.

A close below 6.71 would signal lower. The expected oversold levels rise to 6.40.

[OB/OS channel is rising.]

 

GOLD_ GCZ26, MGCZ26

Weekly – In the new August 2026 uptrend.  Trade pressures down. Volumes are now bearish.

Daily – Flat. The pullback is creating a bull flag. Higher lows. Trade pressures are down.  Volumes are neutral.

The next target down is 4257. The expected oversold level declines to 4224.

A close above 4353 would signal higher.  The expected overbought level declines to 4383.

[OB/OS channel is declining.]  GVX @ 23 = investable. The 30 level would indicate Chop.

 

SILVER_ SIZ26

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

Daily – Flat. Drops further to the 63.00 level.  Trade pressures are down, but rising.  Volumes are neutral.

The next target up is 66.52.  Overbought levels remain at 68.

A close below 63.42 would signal lower. The oversold levels rise to 62.

[OB/OS channel is narrowing.]