Fundamental Analysis: as of now we can see the global inflation has rise sky rocket and the worlds economy is in a huge bobble which soon will explode and a catastrophic crisis may occur, ultimately most of the manufacturing and development plants which are dependent on the base commodities such as Copper and gold may face some market crises and demand may...
Fundamental Analysis: china is the biggest copper consumer and as of now we can see the most of its manufacturing plants and factories are getting shut due to Protests and ongoing havoc in the country. DXY is very bullish which can go up to 130 and ultimately will result in the more price fall in the commodity sections. World economic Crisis and Supply chain...
Copper futures HG2 chart on the daily time frame (no wicks). Appears to be forming an adam and eve pattern. looking for it to break upwards soon. Dollar dropping helps. None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!
COMEX - Copper- Futures Head and Shoulders complete. Expect rejection from 4.24. If it SRF's (support resistance flips) the neckline then Target 1 becomes 3.60.
This thing is likely shoot good. Good breakout with gap. Bullish rejection from monthly pivot. When price breaks away the trend line with gap it rarely makes a trendline retest. Does this mean that oil might rise? Copper and oil have had a strong positive correlation at 0.84. THIS IS NO FINANCIAL ADVISE.
Copper, symbol, HG, price action is giving us an early warning of a Bear Market with price trading above the 50 week ema, which is below both the 200 and 800 week emas, with the 200 still above the 800. Price is currently above the 9/13/30/50 week emas, so it currently is in a rally, but the long term emas are mostly flat, telling us we are in a...
Appears to be the bottom of a minor correction, Vix Fix indicator highlighted for confirmation + ABC consolidation pattern. Very bullish on copper due to high demand for batteries in the next decade, from electric cars (some countries are banning gas-powered cars) to solar panel systems. Demand for copper to proliferate between now and 2035-2040. -Monitoring
H1: we are indiside of an H1 demand zone 15MIN: there is 15min original demand zone for buying opportunities inside of an H1 demand zone TP1: Just before H1 wick TP2: Will be Trailing till just before the previous swing resistance twitter.com