XCUUSD - 24he expiry - We look to Sell at 3.828 (stop at 3.868) Our bespoke support of 3.820 has been clearly broken. Our short term bias remains negative. Previous support, now becomes resistance at 3.820. Preferred trade is to sell into rallies. We look for a temporary move higher. A lower correction is expected. Our profit targets will be 3.728 and 3.708...
XCUUSD - Intraday - We look to Sell a break of 4.209 (stop at 4.249) We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A break of the recent low at 4.221 should result in a further move lower. Reverse trend line resistance can be seen at 4.290. A Doji style candle has...
XCUUSD - Intraday - We look to Sell a break of 4.099 (stop at 4.139) Our bespoke support of 4.130 has been clearly broken. Offers ample risk/reward to sell at the market. We look for losses to be extended today. Short term bias has turned negative. Our profit targets will be 3.999 and 3.979 Resistance: 4.130 / 4.160 / 4.185 Support: 4.075 / 4.030 /...
XCUUSD - Intraday - We look to Sell a break of 4.128 (stop at 4.168) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A higher correction is expected. A break of the recent low at 4.130 should result in a further move lower. 50 2hour EMA is at 4.129. Bearish divergence is expected to cap gains. Our...
XCUUSD - Intraday - We look to Sell at 4.185 (stop at 4.230) With signals for sentiment at overbought extremes, the rally could not be extended. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. We look for a...
XCUUSD - Intraday - We look to Sell at 4.099 (stop at 4.135) Our short term bias remains negative. There is no clear indication that the downward move is coming to an end. 20 4hour EMA is at 4.100. Preferred trade is to sell into rallies. Our profit targets will be 4.011 and 4.001 Resistance: 4.050 / 4.100 / 4.130 Support: 4.000 / 3.950 / 3.900
Trade Idea: Selling Copper after 78.6% resistance Reasoning: Intraday head and shoulders top, looking to hit measured move target Entry Level: 4.276 Take Profit Level: 4.175 Stop Loss: 4.301 Risk/Reward: 4.04:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high...
We have seen an impressive bull run on Copper and Copper stocks over the past few months, my calculations / analysis shows that this may now be coming to an end and we should expect a short - term sell off on Copper and Copper stocks in the next coming weeks. Copper (XCUUSD) will be entering a correction in the second quarter of 2022. At the current price,...
Price is approaching our first resistance area at 3.30670, which is in line with the 161.8% Fibonacci retracement level and 61.8% Fibonacci extension level, where we could see a fall below this level towards our first support at 3.23103. The Stochastic indicator is also testing the resistance level at 67.44, indicating that a bearish reversal may be happening...
Price is facing bearish pressure from our first resistance and descending trend line, where we could see a further drop below this level to our first support target, in line with our horizontal swing low support and 100% fibonacci extension. Stochastic is facing bearish pressure as well.
Price is facing bearish pressure from our first resistance and descending trend line, where we could see a further drop below this level. A break below our downside confirmation level at 2.82402 could provide the bearish acceleration to our first support target. RSI is facing bearish pressure as well.
XCUUSD expected to rise up to 1st resistance at 2.89410 where it could potentially react off and drop down to 1st support at 2.77443. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
XCUUSD reversed off its resistance at 2.91817 where it could potentially drop further to 2.82579. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
XCUUSD expected to rise up to 1st resistance at 2.93065 where it could potentially react off and drop down to 1st support at 2.86589. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
XCUUSD reversed off its resistance at 2.89322 where it could potentially drop further to 2.83404. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
XCUUSD expected to rise up to 1st resistance at 2.93167 where it could potentially react off and drop down to 1st support at 2.83404. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
XCUUSD to reverse from its downside confirmation at 2.82960 where it could potentially drop further to 2.70502. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
XCUUSD bounced off 2.90362 where it could potentially rise further to 2.97147. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.