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 conflue
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 question
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 fue
CopperThe copper chart has faced a price decrease since the first of October, this price decrease occurred at a time when other metals such as gold, silver and platinum had a large increase, since this metal, like other precious metals, has limited extraction. It is and on the other hand it reacts to the
COPPER HG1! (COMEX) Long D1Buy Stop @ 4.2355
S/L @ 3.9155
T/P1 @ 4.5535
T/P2 @ --------
R.R.R. @ 1/1
Pure Price Action Trading based on Breakout Key Level.
Good Trading !
Tracking Economy with this Ratio – Copper vs Gold RatioThe Fed is using the Copper / Gold ratio in tracking economy and its growth.
Currently, the copper / gold ratio is still trending downward, which indicates that the economy may not be recovering that soon.
Copper Oil Futures & Options
Ticker: HG
Minimum fluctuation:
0.0005 per pound = $12.50
Di
Buy CopperBuy at 818
SL 809
Tgt 828,838
I am not a SEBI Registered Analyst. This idea is just for learning purpose.
Bullish Above ~4.35Copper Futures broke out of a falling wedge and it re-testing the top of it, right around a daily support level at ~4.35.
Hold that level and expect a move up
Bullish on Copper - Brown Gold! A resurgence of buying interest is being observed, fueled by increasing institutional adoption and renewed interest in digital assets. I’m looking for Bitcoin to continue its upward movement as market confidence grows
See all ideas
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Copper Financial Futures (Jan 2025) is 4.1036 USD — it has fallen −0.86% in the past 24 hours. Watch Copper Financial Futures (Jan 2025) price in more detail on the chart.
Track more important stats on the Copper Financial Futures (Jan 2025) chart.
The nearest expiration date for Copper Financial Futures (Jan 2025) is Jan 31, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Copper Financial Futures (Jan 2025) before Jan 31, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Copper Financial Futures (Jan 2025) this number is 430.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Copper Financial Futures (Jan 2025) shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Copper Financial Futures (Jan 2025). Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Copper Financial Futures (Jan 2025) technicals for a more comprehensive analysis.