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Xcuusd (Copper)

XCUUSD - on radar for investmentOne for patience building. Let's see when the pullback will start and how low it may go. First area of interest is between 2.43 - 2.50. If this won't hold, next (and preferred) area is between 2.25 - 2.30. In both cases aiming at least for 3.00. Let's not predict and give it some time. In the time of putting this together, I also noticed @ridethepig 's idea on this one: hence confidence in my analysis rose :) Monthly chart: Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
OANDA:XCUUSDLong
by rludvik
XCUUSD Ito climb from upside confirmation, potential bounce! XCUUSD to climb from its upside confirmation at 2.42679 where it could potentially bounce further to 2.52549. Price is testing our resistance where a break above this level would provide the bullish acceleration to our first resistance level , in line with our 61.8% fibonacci retracement and horizontal swing high resistance. Ichimoku cloud is also showing signs of bullish pressure in line with our bullish bias. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
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by Tickmill
XCUUSD bounced from support, potential for a further rise! XCUUSD bounced off 2.32788 where it could potentially rise further to 2.38794. We remain bullish as price is bouncing nicely off our first support in line with our 78.6% fibonacci retracement where we are expecting a further push up to our first resistance level , in line with our 61.8% fibonacci retracement and horizontal swing high resistance. Stochastic is approaching support as well. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XCUUSDLong
by Tickmill