Copper

yield indicator

It's been a couple of tough months for Copper as the metal was unable to go topside of the $3 level and subsequently broke below important support at the $2.84 figure, which precipitated its recent slide down the slippery slope where we now find the Good Dr. attempting to hold its 40-Week (200 DMA) as evidenced in the Weekly chart above. While the landscape...

Copper / gold ratio is in line with 10 year Treasury yields at the moment. Last year's big gap has corrected. So no actionable signal right now

Expecting bounce from extremely oversold weekly and daily levels. COT and seasonality also extremely in favour of a bounce. If stop breached on a daily closing basis, be prepared to catch new daily reversal on lower levels with tight stop.

Copper is on a standard 1D bearish sequence (RSI = 39.990, MACD = -0.034, Highs/Lows = -0.0234) that has just (marginally) crossed the 2.74170 Support. With the RSI however approaching the 32.800 mark, a bullish reversal alert is triggered as the last 4 times that the price bounced near or just below this mark, Copper gained +7 to +8%. Assuming that happens now we...

Yield indicator

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TECHNICAL For the past year, EMX Royalty Corporation NYSE: EMX has traded in a range between $1 - $1.50 despite all the gyrations throughout the resource and precious metals mining sector. While many Jr. mining stocks have had a tough go of it for the most part with the exception of the very strongest names within the group, EMX has held-up and continues to...

Massive extensions are not uncommon: Weekly chart: The indices falling would not cause the price of copper to fall, this did not happen previous it is not true...

i think copper price will be drop in the future

as we get closer and closer to 200ma & support level is being held I think scaling in is a better decision as we don't know when it will start motoring Zamsort is an amazing asset & worth much more then £18m mcap Hopefully a sale of Casa will give us a nice amount to continue operations for Zamsort. Pretty happy holding & waiting for delivery.

Crude Oil Bought and got stopped. I am now looking for a retest of the lows to get in. Am seeing it make a double bottom and rallying. I think the shorts covered. Sellers are out. Those that shorted previous support turned resistance around 65$. Time for buyers to step in. Especially if the price goes to test the lows slowly. But the right way, not like trending...

BUY COPPER 2.610 TG 3.118 SL 2.543

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Hi, thanks for viewing. I am not presently able to trade Copper, but it remains of interest for a few reasons. One is that the majority of silver (56%+) is produced as a byproduct of copper, lead, and zinc mines, so reductions in the price of those industrial metals may point to a slowing of production of silver. I am not sure of the numbers for gold, but at...

Oil > Not in an uptrend anymore > Expecting it to go down but not in a straight line > Not biased towards holding past the next resistance > A buy but not yet, maybe in a few days Price would decline like this: Gold > In a downtrend but a weak one > Wall street cheat sheet > I do...

Copper prices have just broken out of a support level of 2.8495, with the former resistance at 2.9750. The market has completed the advancing and distribution stages, and has just started the decline stage. I expect prices to tank further, as commodities are in large sell-offs these past weeks. The price is also forming a new downtrend, as it makes lower highs and...

Strong bullish signal from Tony Manini & Steve Hughes team with options at 0.08 (almost at 100%) know them fairly well from ARS venture back on AIM which continues to perform CUC quite iliquid stock but strong BoD which will deliver with patience. If you are prepared to wait you will make 200%+ within 2 years if not more.