Sprott Copper Arbitrage against LME copper futures, discount 20%Currently COP.UN (traded on TSX, Toronto Stock Exchange) is showing some substantial discount again against NAV. Discount is more than 20% which basically means that you can buy copper on the world markets (LME) with a 20% discount! I expect discount will narrow again in coming weeks and wil go back to minus 10 or even better.
A more detailed description can be find below of all facts and figures.
Current Situation:
Discount to NAV: COP.UN is trading at just over a 20% discount to its net asset value (NAV). Essentially, this means you can buy copper exposure at a significant discount to the current market price.
Copper Storage and Transfers: The trust’s copper is stored in LME-approved warehouses and is increasingly being shipped to COMEX warehouses in the U.S. The reason is straightforward: copper prices on COMEX are currently higher than on the LME. By moving copper to COMEX, Sprott can sell inventory at better prices.
Mechanism for Payouts: The proceeds from selling copper at a premium on COMEX versus the LME can be distributed to unitholders as a special cash distribution (dividend). This provides a direct way for investors to benefit from arbitrage between exchanges.
Redemption Option: Institutional investors can redeem trust units for physical copper, subject to minimum tonnages and fees. This helps keep the trust price connected to physical copper markets and offers an arbitrage route if the discount remains wide.
The Opportunity:
This setup offers trading houses huge opportunities:
Arbitrage Play: Buy COP.UN units at a >20% discount, redeem them for physical copper, and sell the metal at spot prices, pocketing the spread (net of costs).
Dividend Upside: Hold COP.UN units and potentially benefit from future special dividends if Sprott continues moving copper to COMEX and realizing higher sales prices.
Useful Resources:
COP.UN Prospectus (Sprott Physical Copper Trust) cop-prospectus-en.pdf
Commodities
GOLD: Strong Bearish Sentiment! Short!
My dear friends,
Today we will analyse GOLD together☺️
The market is at an inflection zone and price has now reached an area around 3,311.90 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 3,301.31..Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
SILVER: Bulls Are Winning! Long!
My dear friends,
Today we will analyse SILVER together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 36.433 Therefore, a strong bullish reaction here could determine the next move up.We will watch for a confirmation candle, and then target the next key level of 36.547.Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
Smart 15-Min Entry on USDJPY – Clear Plan with 2.33 R/R📢 Hey Guys;
I've placed a buy limit order on USDJPY at a key support level.
🔵 Entry: 145.956
🔴 Stop Loss: 145.743
🟢 Targets:
• TP1: 146.069
• TP2: 146.232
• TP3: 146.468
📐 Risk/Reward Ratio: 2.33
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Your likes and support are what keep me motivated to share these analyses consistently.
Huge thanks to everyone who shows love and appreciation! 🙏
Usoil buy trade am holding since last week📈 USOIL Trade Update – Long Position Holding Strong Since Last Week 🔥
Guess I didn't post this last week...
Caught this buy from the demand zone around $64.16, with a clean structure shift and bullish momentum confirmation.
The market is respecting structure with higher highs and higher lows forming beautifully. As price approaches my target zone, I’m locking in profits and managing risk. Trade has been running smoothly for days 💪🏽
SL at break even now, Holding patiently for that final push to the $70+ area. Let's see how the market reacts at that key zone.
XAUUSD: Market analysis and strategy for July 9Gold technical analysis
Daily chart resistance level 3340, support level below 3245
Four-hour chart resistance level 3308, support level below 3264
One-hour chart resistance level 3296, support level below 3275.
The expectation that the Fed will keep interest rates unchanged in July has been widely accepted by the market, mainly because Trump announced that he would increase import tariffs on goods from many countries from August 1, triggering market concerns about rising inflation. This expectation pushed up the US 10-year Treasury yield, supporting the dollar to a two-week high, which put gold under downward pressure. On Tuesday, gold closed sharply lower at the daily level, with ma5 and ma10 running downward, indicating that the bears once again dominated. Today, the price of gold may continue to fall. Pay attention to the support near the lower track 3275. If the price of gold closes the real falling candle again today, it will drive the Bollinger Band opening downward, which will further confirm the downward trend. The market may start a new round of decline in the future. The 4-hour level K line continues to fall, and the Bollinger Band opening expands downward! The short-term key support position below is around 3275. After breaking through, it may fall to the previous low of 3266-3245; the important pressure position is around 3308!
SELL: 3296near
SELL: 3308near
BUY: 3250near
Gold Bullish Above 3342 – Watching 3365 BreakoutGold Futures Rise on Trade & Geopolitical Tensions
Gold continues to gain as renewed tariff threats from the U.S. and rising geopolitical risks weigh on market sentiment.
While markets have become somewhat desensitized to Trump’s recurring trade rhetoric, concerns remain that resolutions may be delayed.
Technical Outlook:
As long as the price holds above 3342, the bullish trend is likely to continue toward 3355 and 3365.
A stable close above 3365 would open the way to 3395.
However, a 1H close below 3342 may trigger a pullback to 3329.
Pivot: 3342
Resistance: 3355, 3365, 3395
Support: 3329, 3319, 3309
The idea remains unchanged, NY3360-3365 is emptyThe idea remains unchanged during the NY period. Although gold has currently reached a high of around 3348, it has not stabilized above it. If gold successfully breaks through 3350 in the short term, it may reach 3360 or 3365. In the 4H cycle, it presents a step-by-step upward pattern. The K-line is temporarily fluctuating sideways near the upper track. At the same time, 3345 has formed a double top pattern. Combined with Thursday's low of 3310, an inverted triangle oscillation range of 3345-3310 is formed in the short term. This week's trend needs to pay close attention to the breakthrough direction of this range. Short-term long positions can be taken after the trend is confirmed.
XAUUSD@3330-3320 long TP 3345-3365
OANDA:XAUUSD
USOIL Will Go Lower! Short!
Please, check our technical outlook for USOIL.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 66.917.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 62.519 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Silver bullish breakout support at 3686The Silver remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3686 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3686 would confirm ongoing upside momentum, with potential targets at:
3814 – initial resistance
3865 – psychological and structural level
3920 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 3686 would weaken the bullish outlook and suggest deeper downside risk toward:
3645 – minor support
3590 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the Silver holds above 3686. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
SILVER (XAGUSD): Correction is Over?!
It looks like Silver has finally completed a consolidation within
a wide horizontal parallel channel on a daily.
A new higher high formation today indicates coming growth.
Because if its Friday, I suggest looking for trend-following buy from Monday.
Let the market close above the underlined resistance to let it set a Higher Close
as well.
Look for buying after a pullback, aiming at 38.0 as the first goal.
❤️Please, support my work with like, thank you!❤️
Gold bullish breakout support at 3308The Gold remains in a bullish trend, with recent price action showing signs of a continuation breakout within the broader uptrend.
Support Zone: 3308 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 3308 would confirm ongoing upside momentum, with potential targets at:
3387 – initial resistance
3400 – psychological and structural level
3435 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 3308 would weaken the bullish outlook and suggest deeper downside risk toward:
3290 – minor support
3268 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the Gold holds above 3308. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GOLD → Distribution. There is potential for growth to 3450–3500FX:XAUUSD breaks through consolidation resistance and forms a distribution pattern. A breakout of 3345-3358 could lead to another rally amid high economic risks...
Gold is rising for the third day in a row amid growing concerns about new tariffs announced by Trump. He threatened to impose tariffs on Canada and most of its trading partners, as well as the EU. Despite the strengthening of the dollar, demand for gold remains strong due to uncertainty and expectations for US inflation data next week. Investors are cautious ahead of CPI and the Fed's possible response
The correlation between gold and the dollar is declining, with gold rising due to geopolitical reasons amid high economic risks.
If the bulls keep the price above 3300-3345, the market could be extremely positive for 3400-3500.
Resistance levels: 3345, 3358
Support levels: 3330, 3308
Gold has broken through the resistance of the “triangle” consolidation pattern and is forming a distribution phase towards the zone of interest 3345 - 3358, from which a small correction may form before growth. Since 3345 is an intermediate level, the focus is on 3358. I do not rule out the possibility of a long squeeze of the support levels 3330, the triangle support, and 3310 before the growth continues.
Best regards, R. Linda!
GOLD BEARISH BIAS RIGHT NOW| SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,346.66
Target Level: 3,283.88
Stop Loss: 3,388.42
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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DeGRAM | GOLD held the trend line📊 Technical Analysis
● Bulls defended the channel‐base 3 280 zone, breaking the six-week falling wedge and reclaiming 3 312; structure flips to higher-highs within the rising channel.
● A close above the wedge lip at 3 355 should unlock the grey range ceiling where the May trend-cap and 3 430 – 3 450 intersect. Pull-backs into 3 300-3 312 are expected to attract bids while the wedge retest holds.
💡 Fundamental Analysis
● US headline-CPI cooled for a second month, knocking 2-yr real yields to one-month lows and trimming Fed-cut timing, while PBoC data show June net gold purchases resuming—both reviving spot demand.
✨ Summary
Long 3 300-3 320; breakout >3 355 eyes 3 430 → 3 450. Invalidate on an H4 close below 3 280.
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Bulls rise, beware of Friday's black swan📰 News information:
1. Pay attention to the impact of Trump administration tariffs
📈 Technical Analysis:
Gold rose as expected and touched around 3344, which was in line with our judgment last night. However, from the market point of view, the K-line entity did not stand firmly above 3335. There are only two possible scenarios for the subsequent trend of gold. One is to stand directly above and test the 3345 resistance again, and the other is to fall in the European and American markets due to timeliness and retest the key support of 3310. At present, the upper positions are 3345 and 3365 respectively. If 3345 is repeatedly not broken and the European market falls with acceleration, then the 3310 area will still need to take back the long positions, which can be defined as a long wide-range wash. 3330-3320 is a very critical support position, and 3310 is a strong support. Therefore, the best position for shorting during the day is around 3335-3345, with the target at 3330-3320. Consider long positions after falling back and getting support here.
🎯 Trading Points:
SELL 3335-3345
TP 3330-3320
BUY 3330-3320
TP 3345-3365
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you.
OANDA:XAUUSD PEPPERSTONE:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD FXOPEN:XAUUSD TVC:GOLD
XAUUSD - Will Gold Continue Its Rise?!Gold is trading above the EMA200 and EMA50 on the hourly chart and is trading in its ascending channel. We still have a bullish view on this commodity and we can expect to see $3,350. A correction towards the bottom of the ascending channel will also provide us with a better risk-reward buying opportunity.
According to the World Gold Council, physically backed gold ETFs attracted around $38 billion in investments during the first half of 2025. This marks the largest semi-annual inflow since the beginning of 2020. The remarkable surge is primarily attributed to heightened investor demand for safe-haven assets amid escalating economic and trade tensions triggered by President Trump’s tariff policies.
During this period, the total gold holdings of these funds grew by 397.1 tonnes, bringing their global assets to 3,615.9 tonnes by the end of June—the highest level since August 2022, although still below the all-time high of 3,915 tonnes recorded in October 2020.
U.S.-based funds led the inflows with an addition of 206.8 tonnes, while Asian funds—despite accounting for only 9% of total assets—captured 28% of global inflows, highlighting a significant rise in interest among Asian investors in gold.
This positive trend emerged after three consecutive years of outflows between 2021 and 2023, followed by modest inflows in 2024. Concurrently, gold prices have surged by 26%, reaching a record high of $3,500 per ounce in April.
The World Gold Council, established in 1987 and headquartered in London, is funded by major gold mining companies. Its main objectives include boosting global demand for gold, enhancing market accessibility, and promoting innovation within the gold industry. The council plays a crucial role in shaping global perceptions of gold as a financial asset.
However, some analysts argue that the council essentially functions as a powerful lobbying group for mining corporations, often releasing reports designed to bolster demand and foster a positive market sentiment toward gold.
On the other hand, Bank of America (BofA), in its latest report using a global trading time framework, analyzed the outlook for the U.S. dollar in the second half of 2025. Despite the dollar having its worst start to a year since 1973, the report suggests that selling pressures on the currency may ease going forward, particularly during U.S. trading hours.
U.S. Trading Hours and Federal Reserve Policy
The dollar’s cumulative performance during U.S. trading hours remains strongly correlated—at 71%—with Federal Reserve interest rate pricing. Given expectations for stable rates throughout the rest of the year, the dollar could find some support during this time frame.
Asia: The Main Driver of Dollar Selling in H1 2025
Asian investors were the largest sellers of the dollar during the first half of 2025. However, after fully unwinding the long positions accumulated over the past two years, dollar performance in Asian trading hours has now turned neutral. Fresh selling may remain limited unless new bearish catalysts emerge.
Europe: Tied to Global Equities’ Performance
Dollar weakness during European trading hours largely depends on the relative strength of global equities versus U.S. stocks. As U.S. equities reclaimed market leadership in the second quarter, European investors may have less incentive to continue selling dollars.
Decline in Currency Hedging Appetite
Following the dollar’s significant drop in the first half of the year, foreign investors are now less inclined to increase currency hedges on their dollar-denominated assets.
According to Bank of America’s trading time framework, the pace of the dollar’s decline is likely to slow in the second half of the year, especially during U.S. trading hours, as stable Federal Reserve policy removes a key bearish factor. Selling pressure from Asia is also expected to ease unless new downside triggers arise. The key variable going forward will be the relative performance of global equities versus U.S. markets.
Go long when the trend reverses, beware of black swansYesterday's pullback to 3313-3310 confirmed the upward trend of gold. As I expected, it broke through the resistance of 3330 and touched around 3345. Currently, the short-term strong resistance is at 3345. Only by breaking through this resistance can gold maintain its upward trend. If it is blocked near the 3345 line in the short term, there is a possibility of a pullback. If 3345 breaks, there will be 3365 and 3400 above. Once the direction is clear, it will be easier to act. If there is a pullback during the day, it will give us a trading opportunity to enter the long position.
OANDA:XAUUSD
"XZN/USD: Last Chance to Buy Before Rally!"🚨 "The Zinc Heist" – XZN/USD Master Looting Plan (Thief Trading Style) 🚨
💰 Steal Like a Pro – Bullish Breakout Strategy for Maximum Profit! 💰
🔥 THIEF TRADING ALERT: XZN/USD METAL MARKET ROBBERY IN PROGRESS! 🔥
🚨 Attention, Money Makers & Market Robbers! 🚨
Based on the 🔥Thief Trading Method🔥, we’ve cracked the code for XZN/USD ("The Zinc") – and the vault is WIDE OPEN! 🏦💎 This is your chance to join the heist and escape with massive profits!
📜 THE MASTER HEIST PLAN (Day/Swing Trade) 📜
🎯 Mission: LONG ENTRY – Swipe the bullish loot before the market reverses!
⚠️ Danger Zone: Overbought market, consolidation, and Electric Trap where bears lurk! Escape before they strike!
🔑 ENTRY STRATEGY (How to Loot Like a Pro):
"The vault is open!" – Enter at any price, but smart thieves use limit orders!
Best Heist Tactics:
Buy Limit Orders within 15-30 min near swing lows/highs (pullback entries).
DCA / Layering Strategy – Multiple limit orders for maximum loot!
🛑 STOP-LOSS (Escape Plan If the Heist Goes Wrong):
Thief SL: Nearest swing low (candle body/wick) on 3H TF (2700).
Risk Management: Adjust SL based on your trade size, risk tolerance, and number of orders.
🎯 TARGETS (Where to Cash Out & Flee!):
First Escape: 2870 (or exit early if the market turns risky!).
Scalpers’ Quick Loot: Only trade LONG! Use trailing SL to protect profits!
📡 WHY THIS HEIST WILL WORK (Bullish Triggers!):
✅ Strong Bullish Momentum – Market is primed for a breakout!
✅ Fundamental Backing – Macro trends, COT data, and sentiment favor bulls!
✅ Intermarket Confirmation – Metals sector heating up!
🔗 Want the FULL robbery blueprint?
👉 Check Fundamental Reports, COT Data, Sentiment Analysis & More!
🚨 TRADING ALERT: NEWS & POSITION SAFETY! 🚨
⚠️ WARNING: High-impact news can wreck the heist! Protect your loot:
Avoid new trades during news!
Use TRAILING SL to lock profits & dodge volatility!
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⚠️ DISCLAIMER (Stay Out of Jail!):
📌 Not financial advice! Your money, your risk.
📌 Markets change FAST! Always DYOR before trading.
🔥 Ready to Rob the Market? Let’s Get That Bag! 🔥
🚀 LIKE, SHARE & FOLLOW FOR MORE HEISTS! 🚀
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Bullish bounce>WTI Oil (XTI/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance.
Pivot: 65.65
1st Support: 63.74
1st Resistance: 68.24
Risk Warning:
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The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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Gold/Silver Ratio to 72 Minimum - Imminent Silver BreakoutGoldSilver Ratio is following a clear pattern of behavior. We can expect a return to mean conservatively hitting 72 at a minimum. This puts silver at $46-58 if Gold doesn't move higher. I think we will see silver 5-10X over the next few years. Easy 25-50% in the short term (6-12 months).