Market analysis · COMEX
COMEX Metals Analysis
Gold, silver and copper futures: trend, key levels and the data that moves metals.
Prices refreshed 04 Nov, 16:03 UAE time. Source: public market data; may be delayed.
- 24 Sept 2026Gold and silver stay under pressure as copper extends its reboundGold and Silver (SI) remain below their 20-day averages, keeping their short-term structures cautious, while Copper (HG) is above both its 20-day and 50-day averages. Gold is trading close to its 20-day low, and Silver is near the lower part of its recent range. Copper is holding close to its 20-day high after a stronger five-day and 20-day advance. US employment data, Federal Reserve speakers and Friday's consumer sentiment release are the main scheduled event risks.Neutral
- 23 Sept 2026Gold remains under pressure while silver and copper extend gainsGold is trading close to its pivot at 4372.7, below its 20-day average but above its 50-day average, keeping the near-term picture mixed. Silver is holding above its 20-day and 50-day averages after a strong five-day advance. Copper remains the strongest instrument, with price above both moving averages and near its 20-day high. US economic releases and Federal Reserve speakers may influence volatility during the next 48 hours.Bullish
- 22 Sept 2026Gold remains below its average as silver and copper strengthenGold is trading below its 20-day average but above its 50-day average, leaving its short-term structure mixed. Silver is above both moving averages, while copper remains firmly above them after a strong five-day advance. Copper is closest to its 20-day high, whereas gold remains well below its recent range peak. Scheduled US releases and FOMC speakers may create short-term volatility, although all listed events are marked low impact.Neutral
- 21 Sept 2026Copper and silver strengthen while gold remains below key averagesGold is trading below its 20-day average but above its 50-day average, leaving its near-term structure mixed. Silver holds above both moving averages, while copper remains the strongest of the three metals after a 6.29% five-day gain. Gold’s RSI is near neutral, while silver and copper retain moderately positive momentum. The next 48 hours feature several low-impact US events and FOMC member speeches that could briefly affect dollar-sensitive metals.Neutral
- 19 Sept 2026Silver and copper firm while gold tests near-term resistanceGold has recovered above its central pivot but remains below its 20-day simple moving average, leaving the short-term picture neutral. Silver and copper are trading above their 20-day and 50-day averages, supporting a bullish technical bias while they hold those levels. With no medium- or high-impact events scheduled in the next 48 hours, recent highs, pivots and volatility conditions may guide short-term activity.Bullish
Important: This analysis is general market commentary produced for educational purposes and is not investment advice, a recommendation or a solicitation to trade. Price data comes from public sources and may be delayed or contain errors. Trading foreign exchange, commodities, crypto-assets and equities carries a substantial risk of loss. Fino Ways LLC does not manage client funds and does not guarantee any outcome. Read the full Risk Disclosure and Disclaimer.
