COPPER READY FOR ALL TIME HIGH...MCX:COPPER1! trade at 812 level. Chart shows that its break a trendline on daily chart. So you can watch for an upside move...
CAJ2033 trade ideas
Will China's Game Redefine The Global Copper Paradigm?In the dynamic landscape of global commodities, copper emerges as a fascinating case study of economic interconnectedness and strategic policymaking. Recent developments have seen prices climb to $8,971.50 per metric ton, driven by China's bold $411 billion treasury bond initiative – a move that could reshape the metal's trajectory in international markets. This price movement, however, tells only part of a more complex story that challenges conventional market wisdom.
The interplay between supply fundamentals and geopolitical forces creates an intriguing narrative. While physical demand remains robust and Chinese inventories run low, the market grapples with a 19% decline from its May peak, highlighting the delicate balance between immediate market dynamics and broader economic forces. This tension is further amplified by the looming influence of potential U.S. trade policies under President-elect Trump's administration, adding another layer of complexity to an already multifaceted market equation.
Perhaps most compelling is the transformation of copper's role in the global economy. As traditional demand drivers like property construction show weakness, the metal's crucial position in the green energy transition offers a new frontier of opportunity. With electric vehicle sales continuing to break records and renewable energy infrastructure expanding, copper stands at the crossroads of old and new economic paradigms. This evolution, coupled with China's strategic stimulus measures and the market's response to supply-side developments, suggests that copper's story in 2025 and beyond will be one of adaptation, resilience, and strategic importance in the global economic landscape.
COPPER | XCUUSD | HG1! Weekly Forecast: Bearish to the Lows!There is significant Sell Side Liquidity at the lows of this market. This will draw price to it.
Look for price to potentially trade into and drop from the Weekly -FVG.
Should be some significant opportunities this coming week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
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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.
Copper breached the supportThe L-MLH is a most likely support.
This support is breached in Copper, and a fllow through would indicate way lower prices.
What I really like in this Chart is the tiny pullback to the L-MLH, since this is totally expected after a breach of it.
Arrows mark potential targets.
Copper long Fundamentally, copper is showing bullish signs, suggesting a potential rally.
From a technical perspective, I plan to go long from the demand zone.
Follow me to get more ideas
Copper Jan25 Future W patternCopper making a W pattern Looks Good for 835/850 if enter above 810 closing.
RR favourable at present at cmp 800 with Strong support at 795. Exit below 795 strictly.
copperthis wave count could be the best presentation i can offer
but the major B wave has corrected only about 62% or its previous wave A. & if this can be acceptable, then the channel for the price explains a higher rally for copper
doctor copper will make a new highafter spending time in a neutral triangle
and emerging from that
it is now heading down to the apex of this triangle &
after this will head towards the supposed wave E
FORECAST UPDATES: Post CPI Results. Did We Get The Bias Right?Wednesday Dec. 11, 2024.
This is the Mid-Week Progress Report. Checking the accuracy of the Weekly Forecast and the Updates video posted yesterday.
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.
FORECAST UPDATES: How Are We Doing? Were We Accurate?Tuesday Dec. 10, 2024.
Here are the updates to the Weekly Forex Forecast posted Saturday. We'll see if the forecasts were right on point and working out... or if we were just plain wrong.
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.
Copper_ Wait for a confirmed breakout A confirmed breakout above the redline will send it higher.
TP1 and 2 are on the chart.
NFA
HG1!, Copper using Liquidity indicator and getting the fixVideo on the recent and longer outlook on Copper, $HG1!.
Why I haven't taken the recent buy signals!
Plus get your fix to keep your mind focused on what the indicator is telling you.
COPPER bottomed and a huge rally is expected to start.Copper (HG1!) has been trading within a Channel Up for 1.5 year (since May 2022) and is consolidating at the moment on the 1W MA50 (red trend-line) very close to the pattern's bottom. This is in fact a Double Bottom formation that is similar to the September 28 2022 Low.
As you can see both fractals had a 1W MA50 Double Bottom with their 1D RSI sequences also following an identical trend. The 2022 bottom initiated a rebound that hit the 0.786 Fibonacci retracement level. As a result, our Target as of now for Copper is 4.900.
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Copper’s Last Shot: A Long Trade OpportunityLiquidity has been taken off the lows. Price is now showing strength on lower timeframe.
Worth the RR but must react soon.
Stop remains at the previous low.
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.
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.
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.
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
Disclaimer:
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