Copper: 18 months in the making ; The chart says buy?

168
The video is an analysis of Copper, along with the trade setup I created on 1 July 2026, the day after the US Commerce Department released its recommendation regarding Section 232 refined copper tariffs to the White House ; the event that has been years in the making. Given the Goldman Sachs' upgrade of the year-end price target to $13,735 per tonne, coupled with the formation of a supply deficit on the global scene due to mine disruptions in Indonesia, Chile and DRC, the structural bullish case has never been more pronounced. This is a comprehensive analysis of Copper in which I take you through the chart, EMA structure, the implications of the RSI and MACD on the dip, and the exact way in which I intend to trade it from here. If you are interested in trading commodities or learning technical analysis, then you will find this video interesting.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.