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Copper

AUMN - The Best 3-Year Setup I've Ever SeenIMO, Golden Minerals, AUMN , has arguably one of the best and most bullish setups I have ever come across. It will be fun watching this one play out. Amazing risk/reward play with easy invalidation levels as well to protect yourself in this trade. The featured content is intended to be used for informational purposes only. Everything shared here is my own opinion. It is very important to do your own analysis before making any investment based on your own personal circumstances. Please subscribe to our channel if you like what you are seeing!
ALong
by jstrasburger
1
Copper Sell (Short term)We have seen an impressive bull run on Copper and Copper stocks over the past few months, my calculations / analysis shows that this may now be coming to an end and we should expect a short - term sell off on Copper and Copper stocks in the next coming weeks. Copper (XCUUSD) will be entering a correction in the second quarter of 2022. At the current price, potential downside is about 22%. My first target for this quarter is $4.09/lb and $3.51/lb is the 'final safe' at which further analysis will be made available. DISCLAIMER: This is purely educative content and must not be taken as investment advise. Good luck
OANDA:XCUUSDShort
by Timgucci
COPPER 25th APRIL 2022The world's demand for Hg/copper is reduced from the previous weeks, this could lead to a correction in copper prices. there are sentiments to consider for trading COPPER. I usually use 2 sources to see the sentiment of big players: 1. LME : London Metal Exchange is a futures and forwards exchange with the world's largest market in standardized forward contracts, futures contracts, and options on base metals. The exchange also offers contracts on ferrous metals and precious metals. www.lme.com 2. CFTC : Commodity Futures Trading Commission is an independent agency of the US government created in 1974, that regulates the U.S. derivatives markets, which includes futures, swaps, and certain kinds of options. www.cftc.gov It can be concluded that copper tends to be bearish for correction in the short term , but in the long term it still tends to be bullish . 1. Interest in the LME has decreased slightly from 684k to 675k: as in the theory of supply and demand, when goods are not in demand, prices will fall. 2. Contracts on metal trading on the CFTC tend to be more short contracts for the short term. 3. price breakout on the daily time frame, target to the next support level
CShort
by DNP-FX
Copper Futures ( HG1!), H1 Potential for Bearish DipType : Bearish Dip Resistance : 4.7890 Pivot: 4.7740 Support : 4.7375 Preferred case: We see the potential for a bearish dip from our pivot at 4.7740 in line with 138.2% Fibonacci extension towards our 1st support at 4.7375 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection. Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance at 4.7890 in line with 161.8% Fibonacci extension. Fundamentals: No major news.
COMEX:HG1!Short
by Genesiv
Copper Futures ( HG1!), H1 Potential for Bearish DipType : Bearish Dip Resistance : 4.7660 Pivot: 4.7370 Support : 4.6840 Preferred case: We see the potential for a bearish continuation from our pivot at 4.7370 in line with 78.6% Fibonacci retracement our 1st support at 4.6840 in line with 50% Fibonacci retracement and 78.6% Fibonacci projection. Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance at 4.7660 in line with 61.8% Fibonacci projection and 138.2% Fibonacci extension. Fundamentals: No major news.
COMEX:HG1!Short
by Genesiv
Copper Futures ( HG1!), H1 Potential for Bullish BounceType : Bearish Dip Resistance :4.7220 Pivot: 4.6690 Support : 4.6145 Preferred case: We see the potential for a dip from our pivot at 4.6690 in line with 38.2% Fibonacci retracement and 78.6% Fibonacci projection towards our 1st support at 4.6145 in line with 78.6% Fibonacci projection and -27.2% Fibonacci expansion. Our bearish bias is supported by price trading below the Ichimoku cloud indicator. Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance at 4.7220 in line with 61.8% Fibonacci retracement and 100% Fibonacci projection. Fundamentals: No major news.
COMEX:HG1!Long
by Genesiv
Copper Futures ( HG1!), H1 Potential for Bearish DipType : Bearish Dip Resistance :4.7220 Pivot: 4.6690 Support : 4.6145 Preferred case: We see the potential for a dip from our pivot at 4.6690 in line with 38.2% Fibonacci retracement and 78.6% Fibonacci projection towards our 1st support at 4.6145 in line with 78.6% Fibonacci projection and -27.2% Fibonacci expansion. Our bearish bias is supported by price trading below the Ichimoku cloud indicator. Alternative scenario: Alternatively, price may break our pivot structure and head for 1st resistance at 4.7220 in line with 61.8% Fibonacci retracement and 100% Fibonacci projection. Fundamentals: No major news.
COMEX:HG1!Short
by Genesiv
HGK2022 (Copper Futures) | H1 Bullish PressureType : Bullish Pressure Resistance : 4.8270 Pivot: 4.7060 Support : 4.6830 Preferred Case: Price is near pivot level of 4.7060 in line with 61.8% Fibonacci retracement. Price can potentially rise up to the 1st resistance level at 4.8120, in line with 138.2% Fibonacci extension and 61.8% Fibonacci projection. Our bullish bias is further supported by the stochastic indicator where it is at support level. Alternative scenario: Price might also dip towards the 1st support level of 4.6830 in line 78.6% Fibonacci retracement and 78.6% Fibonacci projection.
COMEX:HGK2022Long
by Genesiv
Copper Futures (HGK2022), H1 Bullish BounceType : Bullish Bounce Resistance : 4.8060 Pivot: 4.7385 Support : 4.7020 Preferred Case: Price is near pivot level of 4.7385 in line with 50% Fibonacci retracement and 61.8% Fibonacci projection. Price can potentially bounce up to the 1st resistance level of 4.8060, in line with 100% Fibonacci projection and 127.2% Fibonacci extension, along with a graphical swing high resistance. Our bullish bias is further supported by price trading below the Ichimoku cloud indicator. Alternative scenario: Price might continue to drop towards the 1st support level of 4.7020 in line with 61.8% Fibonacci projection. Fundamentals: No Major News
COMEX:HGK2022Long
by Genesiv