Copper Futures ~ November TA Outlook (Daily Chart) Long

Copper FuturesCOMEX

Description

⋅ Nov 5, 2023 6:33 PM

COMEX:HG1! chart mapping/analysis.

Note: TradingView chart B-ADJ adjusted for contract changes

Copper Futures attempting to build bullish momentum off evolving China economic stimulus narrative.

Comment

⋅ Nov 9, 2023 9:28 AM

Copper Futures rejected upper range of ascending parallel channel (green dashed).

Next logical target/TA validation = lower range of parallel &/or 50% Fib, TBC.