Instrument NameAluminumInstrument Symbol(ALQ26)

Instrument ExchangeCOMEX

Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 678)

Gold futures have been in a controlled descent since topping out near the $5,650 region, with sellers methodically stepping down offers within the broader range of $4,900 and $4,300. The macro backdrop remains a headwind, as the Middle East conflict has ironically strengthened the US Dollar rather than gold, while a tighter-for-longer Fed outlook continues to weigh on the non-yielding metal. With gold compressing toward the pivotal $4,300 Daily Level 3, the market sits at a critical pivot point that will determine whether buyers can defend or sellers press their advantage further in the weeks ahead.

Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 677)

NVDA, AMZN, INTC & The 78.6% Retracement

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 675)

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 674)

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 673)

Gold is stabilizing near the important 4400 support area after a three-wave decline from the highs. Elliott Wave analysis suggests a recovery toward 4700 may be underway, although the broader corrective phase could continue throughout 2026.

Why isn't silver soaring yet? Stock market is part of the reply.

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 672)

HG copper has staged a meaningful technical recovery from its March lows, breaking above the key 6.15 level in mid-May after months of range-bound price discovery. Sentiment has been shaped by a convergence of bullish structural forces including accelerating AI-driven demand, Chilean supply constraints from Codelco's ongoing production headwinds, and easing geopolitical risk premium as the US-Iran conflict edges toward a negotiated resolution. With price currently hovering around 6.40, the market is at a critical juncture. Defending 6.15 on rotation remains the key test for bulls seeking a re-run at the 6.716 swing high.

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 671)

And we've seen what this means before.

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 670)

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 669)

The fact that gold declined so much on "nothing" is truly profound.

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 668)

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 667)

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 665)

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 664)

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 663)

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 662)

Platinum futures have spent the past several months in a tug of war between structurally bullish fundamentals and a market that has already priced in much of the good news. After making an all-time high (ATH) near 2925 in late January 2026, prices sold off aggressively to the 1800 area before staging a recovery that was ultimately capped by sellers stepping in around the 2400 level in early March. Markets have since rotated sideways within a 1800 to 2200 range, with sellers recently defending the top of that range at the 2200 daily level, which also happens to be confluent with the 2026 yearly VWAP. With ongoing diplomatic uncertainty surrounding the Strait of Hormuz closure, the platinum market sits at a critical inflection point where the next directional move will be shaped by both the technical structure and fast-moving macro developments.

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 661)