Get started

Copper Futures HG1!

Weekly Forecast Nov. 18th: Silver / Platinum / Copper /Crude OilThe precious metals have been bearish over the last couple of weeks. Will the market shift to a bullish one this week? Crude Oil has been bearish-neutral. Institutional players are busy adding to their sell positions. What will the market do this week? Check the comments section below for updates regarding this analysis throughout the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
COMEX_MINI:SIL1!
by RT_Money
FORECAST UPDATES! Silver / Platinum / Copper /Crude OilTuesday Nov. 19 Price has tipped its hand, and traded through the -FVGs on all of the metals. The bullish rallies give us a bias to base our buy setups on! Check the comments section below for updates regarding this analysis throughout the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
COMEX:HG1!Long
by RT_Money
Copper Bounce? $HG1! at Key Demand Zone!Back at a strong demand level on COMEX:HG1! (Copper futures). The key invalidation is a 4-hour close below 3.92, so I'll be watching closely to manually close. I'm looking for a potential bounce from here, and if the weekly candle closes bullish, I may consider this a reversal setup. The confluence between the weekly support and the current demand zone gives me confidence to take the trade. If the move fails, my next level to watch is 3.7 for another potential entry. Let’s see if COMEX:HG1! behaves this time.
COMEX:HG1!Long
by ZelfTrade
Copper Prices Decline as Dollar Rises,Pressuring Foreign HoldersCopper prices are experiencing a deeper decline, coinciding with the dollar index reaching its highest level since early July. This strong dollar makes metals priced in USD more expensive for international buyers, resulting in increased losses for copper. The dollar's upward trajectory has been fueled by expectations that President Trump's proposed tariff and tax reforms may keep US interest rates elevated, negatively impacting trading partners, particularly China, which is already facing challenges in revitalizing its economy. Despite China’s efforts to address concealed debt and inject more stimulus into the economy, these measures have yet to translate into positive market sentiment. Slow corporate borrowing in China is raising concerns about future metals consumption, as noted by Dan Smith, head of research at Amalgamated Metal Trading. From a technical perspective, a demand zone has been identified around the 4.0625 to 4.000 range. Given the ongoing increase in the dollar index (DXY), this price level may be tested soon. The latest Commitment of Traders (COT) report reveals that 'smart money' is holding long positions, while retail investors are beginning to shift towards shorting. We are closely monitoring this metal for a potential reaction at the identified demand area. This situation presents a developing narrative worth watching in the copper market. ✅ Please share your thoughts about Copper in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
COMEX:HG1!
by FOREXN1
1
GOLD, SILVER, PLATINUM & COPPER Weekly Forecast Nov. 11thThe Metals are at areas of supportive discount arrays, but will they move higher. The latest COT Report indicates the institutional traders are betting on higher prices, even when the assets seem to be in consolidation. Monday is a US bank holiday, and Tuesday may start slow, but I suspect the price action will be clearer come Wednesday. Check the comments section below for updates regarding this analysis throughout the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
NYMEX:PL1!
by RT_Money
5
COPPER High probability buy signal on the 1D MA50.Copper (HG1!) is about to hit its 1D MA50 for the first time in a month (since September 16), following a 1D Golden Cross. Coming off a Higher High rejection within a short-term Bullish Megaphone, if the 1D MA50 holds, it is technically the perfect buy entry. This Bullish Megaphone is essentially the Bullish Leg of the 2-year Channel Up. The symmetrical Bullish Megaphone of September 27 2022 - January 18 2023 peaked on the 0.786 Fibonacci retracement level. As a result, our Target is 4.900. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
COMEX:HG1!Long
by TradingShot
COPPER Bottomed Out: Long Opportunity!Going Long on Copper: I’m taking a long position in CAPITALCOM:COPPER at this level. If it retraces, I plan to add to my position down to around 4.15. The weekly downtrend has ended, and this week’s price action has erased the previous bearish expansion bar. There are signs of bullishness on smaller timeframes, and the daily chart shows an active uptrend for the coming week. It looks like the low may be in on this one. COMEX:HG1!
COMEX:HG1!Long
by ZelfTrade
Smart Money Positioned to LONG Copper - COT StrategyDISCLAIMER: This is not trade advice. This is for educational purposes only to demonstrate how I am looking to participate in this market. There is significant risk involved in trading, do your own homework and due diligence. COT Strategy LONG Copper (HG) My COT strategy has me on alert for long trades in HG if we get a confirmed bullish change of trend on the Daily timeframe. COT Commercial Index: Buy Sentiment: Advisors very bearish is actually...bullish. OI Analysis: Multi week down move has seen OI decrease drastically while Commercials have added to longs = bullish. Valuation: Undervalued vs Gold & Treasuries Bullish Spread Divergence Supplementary Indicators: Acc/Dist & %R Remember, this is not a "Long Now" idea. These indicators are not timing tools. They simply tell us that this market could have a move of some significance to the upside, which we will participate in with a confirmed Daily trend change to the upside. Good luck & good trading.
COMEX:HGZ2024Long
by Tradius_Trades
COPPER Rejected on the 1D MA50. Will it rebound or break lower?Copper (HG1!) got rejected yesterday on the 1D MA50 (blue trend-line) for the first time since early July. This is a clear Bearish Leg on a potential Channel Up pattern, so technically, it may form a bottom on its Higher Lows trend-line and rebound. If it does, our Target will be the 0.786 Fibonacci retracement level at 4.900 as on the January 17 2023 rebound. If on the other hand the price breaks below 3.800 and the Higher Lows (dotted) trend-line, we will take the loss on the buy and sell, targeting 3.3500 (top of 2 year Support Zone). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
COMEX:HG1!
by TradingShot
1
Dr Copper - Which direction will copper go!?Copper is located between EMA200 and EMA50 in the 4H timeframe and is moving in its descending channel The basis of short-term trading can be considered as breaking or maintaining the drawn short-term upward trend line The failure of this line and copper reaching the demand zone will provide short-term buying conditions for copper On the other hand, the authentic failure of the downward channel and copper reaching the supply zone, which is also at the intersection with the copper monthly pivot, will provide us with the opportunity to sell it with a suitable risk reward
CAPITALCOM:COPPER
by Ali_PSND
COPPER signaling the start of rate cuts? Potential danger ahead.Copper (HG1!) completed two straight red months following May's High at the top of the 3-year Rising Wedge pattern. Last time the commodity formed this pattern was back from May 2006 to September 2008. In fact the recent May 2024 Higher High resembles that of May 2008, whose rejection broke the Rising Wedge downwards. As you can see, during both patterns, the US10Y (orange trend-line) stopped rising and turned sideways on Lower Highs, while the U.S. Interest Rate had peaked and started falling. What 2006 - 2008 suggests, is that possible rate cuts may be ahead of us, pragmatically the markets have already priced this to a large percentage in September. But at the same time, it highlights the danger of a market-wide collapse, as the first month after the September 2007 rate cut, the stock markets peaked and the U.S. Housing Crisis begun. What could be different this time and avert a new financial crisis of such proportions is that the stock markets haven't shown any signs of correcting yet. As a result, potential rate cuts may have a mostly positive bullish continuation effect as post July 2019. What do you think will happen next? Bullish continuation or new Bear Market? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
COMEX:HG1!
by TradingShot
2
Copper (HG) - Look for Longs?While the decline in copper persists, @HG is nearing areas of previous demand on intermediate-term timeframes. Specficially, we will be watching the industrial metal's action between the prices of 4.1130-4.0605 (with hypothetical stop lower @ 4.0250). Given the current momentum and potential add'l downside per larger timeframes, we recommend watching for micro-TF trend violation/reversal confirm signals before establishing positions. This idea is bolstered by a backdrop more broadly of metals having pulled back and a AMEX:USD that looks vulnerable vs. physical assets over the longer-term. Of course "Dr. Copper" is more closely linked to the global economy vs. GC (which we like better), but price, ultimately, remains undefeated + copper will become a value buy at some point... Godspeed, JHart
COMEX:HG1!Long
by LionHart_Trading