#copperfutures #goldfutures #silverfutures

COPPER_ HGZ26, MHGZ26

Weekly – In the October 2025 uptrend. Trade pressures are down. Volumes are neitral.

Daily –Short. In the move down from 6.71 on 9/28. Trade pressures are down.  Volumes are bearish.

The next target down is 6.30 and the 200 day MA. The expected oversold levels decline to 6.38.

A close above 6.64 would signal higher. The expected overbought level declines to 6.76.

[OB/OS channel is declining.]

[10-4-26 lower the SL to 6.64.]
[10-5-26: Stoppedout at 6.64.]

 

GOLD_ GCZ26, MGCZ26

Weekly – In the August 2026 uptrend, testing support.  Trade pressures down. Volumes remain bearish.

Daily – Flat. The pullback is creating a bull flag. testing support, but still higher lows. Trade pressures are down.  Volumes are bearish.

The next target down is 4140. The expected oversold level declines to 4054.

A close above 4227 would signal higher.  The expected overbought level declines to 4297.

[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 are bearish.

Daily – Flat. Breaks below the 63.00 support level.  Trade pressures are down.  Volumes are bearish.

The next target down is 54.27. The oversold levels decline to 58.

A close above 62.13 would signal higher.  Overbought levels decline to 64.

[OB/OS channel is declining.]