The metals rally is cracking under macro pressure. A stunning Fed repricing now shows ~50% odds of a HIKE, sending yields and the DXY higher. This is the kill shot for gold momentum. The key tell is Copper, now testing its make-or-break $6.20 neckline. A failure there signals a broader risk-off wave. Equities are also soft. The only offset is the persistent geopolitical bid in crude. Trade the levels, the narrative is broken.
explicit
implicit
explicit
explicit
implicit
Blue Line Futures
8.0
Hedge Fund
Phillip Streible 7.0
Hedge Fund
Phillip Streible 7.0
Gold Silver & Copper | Three Lines in the Sand | The Key Levels to Watch Metals Minute Phil Streible
Gold; Silver; Copper
5/19/2026 2:01:35 PM
metals
Metals reversing after that stronger overnight session... gold futures down about $20... silver market down about 1 and a half%... ETF outflows continuing on any kind of bounce here. Not really a vote of confidence.
| 5/12/2026 6:00:05 PM | short term sharp up | 5 days later | -6.49% | -9.74% |
| 5/11/2026 4:58:00 PM | short term cautious down | 6 days later | -6.35% | +3.17% |
| 5/11/2026 2:01:27 PM | short term cautious down | 6 days later | -6.35% | +3.17% |
| 5/8/2026 7:12:41 PM | short term sharp up | 7 days later | -6.32% | -9.47% |
| 5/8/2026 2:01:51 PM | short term sharp up | 7 days later | -6.32% | -9.47% |
| 5/7/2026 1:56:51 PM | short term sharp up | 5 days later | +2.79% | +4.18% |
| 5/6/2026 2:05:14 PM | short term sharp up | 5 days later | +3.77% | +5.65% |
| 5/5/2026 2:13:50 PM | short term cautious up | 5 days later | +4.44% | +2.22% |
| 5/4/2026 2:08:49 PM | short term cautious down | 6 days later | +8.86% | -4.43% |
| 5/1/2026 2:11:55 PM | short term down | 7 days later | +9.41% | -9.41% |
| 4/30/2026 2:13:23 PM | short term sharp up | 5 days later | +2.18% | +3.27% |
| 4/29/2026 2:22:08 PM | short term down | 5 days later | -1.29% | +1.29% |
| 4/24/2026 2:18:16 PM | short term cautious down | 7 days later | -3.27% | +1.63% |
| 4/20/2026 2:18:07 PM | short term cautious up | 6 days later | -0.22% | -0.11% |
| 4/16/2026 10:24:59 PM | medium term up | 20 days later | -3.17% | -3.17% |
| 3/19/2026 5:20:35 PM | short term down | 5 days later | +2.41% | -2.41% |
| 3/18/2026 1:13:58 PM | short term cautious down | 5 days later | -4.63% | +2.31% |
| 3/16/2026 1:23:55 PM | short term cautious down | 6 days later | -12.28% | +6.14% |
| 3/10/2026 1:03:21 PM | short term cautious up | 5 days later | -4.17% | -2.09% |
| 3/4/2026 1:58:21 PM | short term up | 5 days later | +4.23% | +4.23% |
| 3/3/2026 2:19:16 PM | short term cautious down | 5 days later | +1.56% | -0.78% |
| 2/25/2026 11:43:15 PM | short term sharp up | 5 days later | -4.16% | -6.25% |
| 2/25/2026 2:15:06 PM | short term up | 5 days later | -4.16% | -4.16% |
| 2/24/2026 2:02:50 PM | short term up | 5 days later | +2.77% | +2.77% |
| 2/23/2026 2:01:27 PM | short term up | 6 days later | +3.23% | +3.23% |
| 2/17/2026 2:09:29 PM | short term down | 5 days later | +8.30% | -8.30% |
| 2/16/2026 3:07:19 PM | short term up | 6 days later | +11.89% | +11.89% |
| 2/12/2026 2:35:02 PM | short term sharp up | 5 days later | -0.44% | -0.66% |
| 2/11/2026 2:40:37 PM | short term sharp up | 5 days later | -0.94% | -1.41% |
| 2/10/2026 10:04:22 PM | medium term sharp up | 20 days later | -0.91% | -1.37% |
| 2/4/2026 2:35:05 PM | short term sharp up | 5 days later | +6.93% | +10.40% |
| 2/3/2026 1:56:20 PM | short term sharp up | 5 days later | -0.05% | -0.08% |
| 2/2/2026 6:29:20 PM | short term sharp down | 6 days later | +1.02% | -1.52% |
| 1/30/2026 2:05:52 PM | short term down | 7 days later | +6.99% | -6.99% |
| 1/28/2026 2:08:44 PM | short term sharp up | 5 days later | -16.50% | -24.75% |
| 1/26/2026 2:15:07 PM | short term sharp up | 6 days later | -18.04% | -27.06% |
| 1/23/2026 10:07:21 PM | long term sharp up | 60 days later | -22.49% | -33.74% |
| 1/22/2026 11:27:23 PM | long term sharp up | 60 days later | -21.43% | -32.14% |
| 1/21/2026 11:13:16 PM | short term cautious down | 5 days later | +9.15% | -4.58% |
| 1/21/2026 2:14:38 PM | short term cautious up | 5 days later | +9.15% | +4.58% |
| 1/20/2026 2:41:17 PM | short term sharp up | 5 days later | +9.79% | +14.69% |
| 1/14/2026 11:25:04 PM | short term sharp up | 5 days later | +2.92% | +4.38% |
| 1/14/2026 2:13:25 PM | short term sharp up | 5 days later | +2.92% | +4.38% |
| 12/23/2025 2:10:09 PM | short term sharp up | 5 days later | -1.80% | -2.71% |
| 12/19/2025 5:07:19 PM | long term sharp up | 60 days later | +16.09% | +24.14% |
| 12/19/2025 1:48:55 PM | long term up | 60 days later | +16.09% | +16.09% |
| 12/17/2025 2:18:23 PM | short term sharp up | 5 days later | +6.43% | +9.65% |
| 12/15/2025 10:17:24 PM | medium term sharp up | 20 days later | +9.32% | +13.98% |
| 12/11/2025 2:02:09 PM | short term sharp up | 5 days later | +3.72% | +5.58% |
| 12/10/2025 2:04:36 PM | long term up | 60 days later | +23.10% | +23.10% |
| 12/8/2025 1:55:19 PM | short term up | 6 days later | +3.45% | +3.45% |
| 12/4/2025 1:55:43 PM | short term up | 5 days later | +2.17% | +2.17% |
| 12/3/2025 1:42:38 PM | short term sharp up | 5 days later | +2.32% | +3.48% |
| 11/28/2025 2:32:51 PM | short term sharp up | 7 days later | -0.33% | -0.49% |
| 11/27/2025 3:34:31 PM | short term sharp up | 5 days later | +1.03% | +1.54% |
| 11/25/2025 2:09:39 PM | short term sharp up | 5 days later | +3.64% | +5.46% |
| 11/20/2025 2:01:46 PM | long term up | 60 days later | +39.54% | +39.54% |
| 11/19/2025 2:11:41 PM | short term sharp up | 5 days later | +1.62% | +2.43% |
| 11/18/2025 2:15:37 PM | short term cautious down | 5 days later | +0.93% | -0.46% |
| 11/17/2025 11:09:46 PM | short term cautious down | 6 days later | +1.23% | -0.61% |
| 11/14/2025 2:02:42 PM | short term down | 7 days later | +2.12% | -2.12% |
| 11/12/2025 10:49:45 PM | short term sharp up | 5 days later | -2.36% | -3.55% |
| 11/12/2025 2:16:05 PM | short term sharp up | 5 days later | -2.36% | -3.55% |
| 11/11/2025 1:54:15 PM | short term sharp up | 5 days later | -4.54% | -6.81% |
| 11/7/2025 1:44:27 PM | short term sharp up | 7 days later | -1.60% | -2.40% |
| 10/30/2025 1:04:43 PM | short term cautious up | 5 days later | -0.56% | -0.28% |
| 10/29/2025 1:10:53 PM | short term sharp up | 5 days later | -2.75% | -4.13% |
| 10/28/2025 1:16:24 PM | short term cautious down | 5 days later | +1.40% | -0.70% |
| 10/27/2025 10:44:23 PM | short term cautious down | 6 days later | +1.62% | -0.81% |
| 10/13/2025 2:05:40 PM | long term sharp up | 62 days later | +9.99% | +14.98% |
| 10/2/2025 1:50:52 PM | short term sharp up | 5 days later | +4.07% | +6.10% |
| 9/29/2025 2:11:15 PM | short term sharp up | 6 days later | +3.17% | +4.76% |
| 9/26/2025 2:00:35 PM | short term sharp up | 7 days later | +3.49% | +5.23% |
| 9/24/2025 2:07:11 PM | medium term up | 20 days later | +17.30% | +17.30% |
| 9/22/2025 1:45:19 PM | short term sharp up | 6 days later | +3.29% | +4.93% |
| 9/19/2025 2:06:39 PM | short term cautious up | 7 days later | +3.81% | +1.91% |
| 9/12/2025 2:07:34 PM | short term sharp up | 7 days later | +2.06% | +3.09% |
| 9/11/2025 1:56:16 PM | short term cautious up | 5 days later | -0.42% | -0.21% |
| 9/10/2025 1:41:49 PM | short term cautious down | 5 days later | +1.48% | -0.74% |
| 9/9/2025 11:14:55 PM | medium term sharp up | 20 days later | +8.17% | +12.26% |
| 9/9/2025 2:18:10 PM | short term sharp up | 5 days later | +1.78% | +2.68% |
| 9/3/2025 1:52:44 PM | short term sharp up | 5 days later | +1.66% | +2.50% |
| 9/2/2025 2:02:33 PM | short term sharp up | 5 days later | +1.32% | +1.98% |
| 8/28/2025 2:17:15 PM | short term up | 5 days later | +3.29% | +3.29% |
| 8/13/2025 2:10:59 PM | short term up | 5 days later | -1.16% | -1.16% |
| 8/4/2025 11:45:30 PM | medium term up | 20 days later | -0.08% | -0.08% |
| 7/24/2025 2:44:36 PM | short term down | 5 days later | -2.54% | +2.54% |
| 7/18/2025 2:12:59 PM | short term up | 7 days later | -2.39% | -2.39% |
rut
The Russell down about a half a percent.
| 5/8/2026 2:01:51 PM | short term up | 7 days later | -3.33% | -3.33% |
| 4/1/2026 2:12:55 PM | medium term cautious down | 20 days later | +10.09% | -5.05% |
| 3/4/2026 1:58:21 PM | short term up | 5 days later | -1.45% | -1.45% |
| 3/3/2026 2:19:16 PM | short term down | 5 days later | -3.12% | +3.12% |
| 2/25/2026 2:15:06 PM | short term up | 5 days later | -2.57% | -2.57% |
| 2/24/2026 2:02:50 PM | medium term up | 20 days later | -5.38% | -5.38% |
| 2/16/2026 3:07:19 PM | short term up | 6 days later | -0.97% | -0.97% |
| 2/11/2026 2:40:37 PM | short term up | 5 days later | +1.18% | +1.18% |
| 2/4/2026 2:35:05 PM | medium term up | 20 days later | +3.32% | +3.32% |
| 1/30/2026 2:05:52 PM | short term down | 7 days later | +1.85% | -1.85% |
| 1/28/2026 2:08:44 PM | short term up | 5 days later | -0.24% | -0.24% |
| 1/26/2026 2:15:07 PM | short term up | 6 days later | -0.99% | -0.99% |
| 1/22/2026 11:27:23 PM | medium term up | 20 days later | -2.00% | -2.00% |
| 12/19/2025 5:07:19 PM | medium term up | 21 days later | +3.01% | +3.01% |
| 12/17/2025 2:18:23 PM | medium term up | 20 days later | +2.69% | +2.69% |
| 12/9/2025 2:09:53 PM | short term up | 5 days later | -1.13% | -1.13% |
| 12/4/2025 1:55:43 PM | short term up | 5 days later | +1.51% | +1.51% |
| 11/20/2025 2:01:46 PM | short term cautious up | 5 days later | +4.92% | +2.46% |
| 11/18/2025 2:15:37 PM | short term down | 5 days later | +2.83% | -2.83% |
| 11/7/2025 1:44:27 PM | short term down | 7 days later | -4.65% | +4.65% |
| 11/5/2025 2:23:24 PM | short term up | 5 days later | +1.63% | +1.63% |
| 10/29/2025 1:10:53 PM | short term up | 5 days later | -1.57% | -1.57% |
| 10/27/2025 10:44:23 PM | short term sharp up | 6 days later | -1.41% | -2.12% |
| 10/13/2025 2:05:40 PM | medium term up | 20 days later | -0.97% | -0.97% |
| 9/29/2025 2:11:15 PM | short term up | 6 days later | +2.05% | +2.05% |
| 9/22/2025 1:45:19 PM | short term cautious down | 6 days later | -0.91% | +0.45% |
| 9/19/2025 2:06:39 PM | short term up | 7 days later | -1.14% | -1.14% |
| 9/12/2025 2:07:34 PM | medium term up | 21 days later | +3.38% | +3.38% |
| 9/10/2025 1:41:49 PM | short term cautious down | 5 days later | -0.76% | +0.38% |
| 8/28/2025 2:17:15 PM | medium term up | 20 days later | +4.28% | +4.28% |
| 8/13/2025 2:10:59 PM | short term up | 5 days later | -0.98% | -0.98% |
wti
Crude oil futures... that geopolitical bid stays in place... you're getting that bid take place back here in the oil market.
| 5/12/2026 1:59:25 PM | short term sharp up | 5 days later | +1.37% | +2.05% |
| 5/11/2026 2:01:27 PM | short term cautious up | 6 days later | +0.22% | +0.11% |
| 5/7/2026 7:10:03 PM | short term sharp down | 5 days later | +5.87% | -8.80% |
| 5/7/2026 1:56:51 PM | short term down | 5 days later | +5.87% | -5.87% |
| 5/6/2026 2:05:14 PM | short term sharp down | 5 days later | +7.77% | -11.66% |
| 5/5/2026 2:13:50 PM | short term cautious down | 5 days later | +3.14% | -1.57% |
| 5/4/2026 2:08:49 PM | short term sharp up | 6 days later | -4.11% | -6.16% |
| 5/1/2026 2:11:55 PM | short term up | 7 days later | -7.85% | -7.85% |
| 4/30/2026 2:13:23 PM | short term cautious down | 5 days later | -6.73% | +3.36% |
| 4/29/2026 2:22:08 PM | short term up | 5 days later | -2.66% | -2.66% |
| 4/21/2026 2:09:31 PM | short term cautious down | 5 days later | +3.67% | -1.83% |
| 4/20/2026 2:18:07 PM | short term up | 6 days later | +4.60% | +4.60% |
| 4/17/2026 2:14:11 PM | short term down | 7 days later | +7.54% | -7.54% |
| 4/13/2026 1:56:18 PM | short term sharp up | 6 days later | -1.83% | -2.74% |
| 3/19/2026 5:20:35 PM | short term up | 5 days later | -8.14% | -8.14% |
| 3/18/2026 1:13:58 PM | short term cautious down | 5 days later | -3.94% | +1.97% |
| 3/17/2026 9:12:11 PM | short term cautious down | 5 days later | -8.50% | +4.25% |
| 3/12/2026 1:26:16 PM | short term sharp up | 5 days later | -2.42% | -3.63% |
| 3/9/2026 1:01:05 PM | short term sharp up | 6 days later | +12.04% | +18.06% |
| 3/3/2026 2:19:16 PM | short term sharp up | 5 days later | +26.94% | +40.40% |
| 2/19/2026 2:13:10 PM | short term up | 5 days later | -1.46% | -1.46% |
| 2/4/2026 2:35:05 PM | short term up | 5 days later | +1.06% | +1.06% |
| 2/2/2026 6:29:20 PM | short term down | 6 days later | +1.82% | -1.82% |
| 1/23/2026 11:38:42 PM | short term up | 7 days later | +2.49% | +2.49% |
| 1/22/2026 11:27:23 PM | short term cautious down | 5 days later | +3.50% | -1.75% |
| 1/21/2026 11:13:16 PM | short term up | 5 days later | +5.10% | +5.10% |
| 1/14/2026 2:13:25 PM | short term cautious up | 5 days later | +1.94% | +0.97% |
| 12/19/2025 5:07:19 PM | medium term down | 21 days later | +2.57% | -2.57% |
| 12/15/2025 10:17:24 PM | short term down | 6 days later | +4.96% | -4.96% |
| 12/15/2025 10:16:24 PM | short term down | 6 days later | +4.96% | -4.96% |
| 12/9/2025 10:33:41 PM | short term down | 5 days later | -2.81% | +2.81% |
| 11/12/2025 10:49:45 PM | short term cautious down | 5 days later | +3.49% | -1.75% |
| 11/12/2025 2:16:05 PM | short term cautious down | 5 days later | +3.49% | -1.75% |
| 10/27/2025 10:44:23 PM | short term down | 6 days later | +1.50% | -1.50% |
| 10/13/2025 2:05:40 PM | long term cautious down | 62 days later | -3.20% | +1.60% |
| 10/10/2025 2:00:52 PM | short term cautious down | 5 days later | -3.41% | +1.70% |
| 9/29/2025 2:11:15 PM | short term down | 6 days later | -1.09% | +1.09% |
| 9/11/2025 1:56:16 PM | short term cautious down | 5 days later | +2.17% | -1.08% |
| 9/10/2025 11:06:19 PM | short term up | 5 days later | +3.45% | +3.45% |
| 9/10/2025 1:41:49 PM | short term cautious down | 5 days later | +3.45% | -1.72% |
| 9/9/2025 11:14:55 PM | short term cautious down | 5 days later | -0.58% | +0.29% |
| 9/3/2025 1:52:44 PM | short term cautious down | 5 days later | -1.34% | +0.67% |
| 9/2/2025 2:02:33 PM | short term up | 5 days later | -2.67% | -2.67% |
| 8/28/2025 2:17:15 PM | short term cautious down | 5 days later | -0.06% | +0.03% |
| 8/13/2025 11:46:56 PM | short term down | 5 days later | -2.52% | +2.52% |
| 8/13/2025 2:10:59 PM | short term down | 5 days later | -2.52% | +2.52% |
| 8/5/2025 2:05:57 PM | short term down | 5 days later | -0.61% | +0.61% |
| 7/18/2025 2:12:59 PM | short term up | 7 days later | -0.73% | -0.73% |
yields
Yields, they are rising a bit 4.61... the trend really still intact. Futures are now pricing in nearly a 50% chance at the Fed hikes at some point this year.
| 5/6/2026 2:05:14 PM | short term down | 5 days later | +1.62% | -1.62% |
| 5/4/2026 2:08:49 PM | short term up | 6 days later | -0.14% | -0.14% |
| 4/29/2026 2:22:08 PM | short term up | 5 days later | +0.59% | +0.59% |
| 4/24/2026 2:18:16 PM | short term up | 7 days later | +2.54% | +2.54% |
| 3/31/2026 2:11:17 PM | short term down | 5 days later | +0.37% | -0.37% |
| 3/27/2026 1:10:42 PM | short term up | 7 days later | -0.16% | -0.16% |
| 3/26/2026 1:05:27 PM | short term up | 5 days later | -2.73% | -2.73% |
| 3/25/2026 1:10:36 PM | short term down | 5 days later | -2.38% | +2.38% |
| 3/23/2026 1:14:06 PM | short term sharp up | 6 days later | -1.14% | -1.71% |
| 3/18/2026 1:13:58 PM | short term down | 5 days later | +2.59% | -2.59% |
| 3/10/2026 1:03:21 PM | short term cautious down | 5 days later | +0.29% | -0.14% |
| 3/5/2026 2:11:33 PM | short term up | 5 days later | +1.81% | +1.81% |
| 3/4/2026 1:58:21 PM | short term up | 5 days later | -0.24% | -0.24% |
| 3/3/2026 2:19:16 PM | short term up | 5 days later | +1.37% | +1.37% |
| 2/17/2026 2:09:29 PM | short term down | 5 days later | -1.23% | +1.23% |
| 2/16/2026 3:07:19 PM | short term down | 6 days later | -0.57% | +0.57% |
| 2/12/2026 2:35:02 PM | short term down | 5 days later | +0.57% | -0.57% |
| 2/11/2026 2:40:37 PM | short term down | 5 days later | -1.27% | +1.27% |
| 1/30/2026 2:05:52 PM | short term up | 7 days later | -1.80% | -1.80% |
| 1/21/2026 2:14:38 PM | short term up | 5 days later | -0.61% | -0.61% |
| 1/20/2026 2:41:17 PM | short term sharp up | 5 days later | -0.94% | -1.41% |
| 12/23/2025 2:10:09 PM | short term cautious down | 5 days later | -0.48% | +0.24% |
| 12/19/2025 1:48:55 PM | short term up | 7 days later | -1.27% | -1.27% |
| 12/11/2025 2:02:09 PM | short term down | 5 days later | -1.03% | +1.03% |
| 12/10/2025 2:04:36 PM | short term up | 5 days later | +0.19% | +0.19% |
| 12/9/2025 2:09:53 PM | short term sharp up | 5 days later | +0.43% | +0.65% |
| 12/4/2025 1:55:43 PM | short term cautious down | 5 days later | +0.60% | -0.30% |
| 11/28/2025 2:32:51 PM | short term down | 7 days later | +1.86% | -1.86% |
| 11/27/2025 3:34:31 PM | short term down | 5 days later | +1.00% | -1.00% |
| 11/25/2025 2:09:39 PM | short term down | 5 days later | +2.45% | -2.45% |
| 11/24/2025 2:27:59 PM | short term cautious down | 6 days later | +2.35% | -1.17% |
| 11/20/2025 2:01:46 PM | short term cautious up | 5 days later | -1.60% | -0.80% |
| 11/14/2025 2:02:42 PM | short term cautious up | 7 days later | -2.30% | -1.15% |
| 11/5/2025 2:23:24 PM | short term cautious down | 5 days later | +0.66% | -0.33% |
| 10/30/2025 1:04:43 PM | short term cautious down | 5 days later | +1.37% | -0.68% |
| 10/29/2025 1:10:53 PM | short term down | 5 days later | -0.10% | +0.10% |
| 10/28/2025 1:16:24 PM | short term down | 5 days later | +1.18% | -1.18% |
| 10/27/2025 10:44:23 PM | short term down | 6 days later | +3.09% | -3.09% |
| 10/2/2025 1:50:52 PM | short term down | 5 days later | +0.24% | -0.24% |
| 9/29/2025 2:11:15 PM | short term down | 6 days later | +0.34% | -0.34% |
| 9/26/2025 2:00:35 PM | short term down | 7 days later | +0.51% | -0.51% |
| 9/10/2025 1:41:49 PM | short term up | 5 days later | +0.37% | +0.37% |
| 9/9/2025 11:14:55 PM | medium term sharp down | 20 days later | +2.88% | -4.32% |
| 9/9/2025 2:18:10 PM | short term down | 5 days later | +0.05% | -0.05% |
| 9/2/2025 2:02:33 PM | short term up | 5 days later | -3.92% | -3.92% |
| 8/28/2025 2:17:15 PM | short term cautious down | 5 days later | -0.38% | +0.19% |
| 8/13/2025 2:10:59 PM | short term down | 5 days later | +0.21% | -0.21% |
| 7/18/2025 2:12:59 PM | short term down | 7 days later | +1.10% | -1.10% |
