Technicals Prices hit fifteen-month highs this week, extending the recent rally. Copper is on the verge of another breakout, eyeing the January 2023 highs (4.356), which could open the door for further gain towards 4.579. On the other hand, the Relative Strength Index (RSI) did not follow the price action and diverged lower on the H4 chart. This can lead to...
Dr Copper has a PHD in economics. narratives can be wrong, be price action is closer to truth. Lots of stories about no landings and china re opening. But price action is saying something else.
guys if you want to buy copper from low watch this video and gain from low to high
A brief commodities moment overview as OIL, XAGUSD, XAUUSD, COPPER ALL are reaching the key upside resistance levels. Price action today and the following days will be the key for the breakouts pullbacks.
The main direction is up. But it seems it wants to correct a little bit before pushing higher. I have outlined everything in the video.
Recent price action in copper looks terrible.
Attached below is an update discussing the economic indicators that are weakening. Copper is confirming that this might feed on itself.
The higher time frame trends on copper are presenting mixed messages. There are lots of interesting opportunities if one can exploit lower time frame trends cautiously.
In tandem with many other markets (crude oil/equities) we are expecting corrections. From a technical view, copper has completed a perfect flat correction and we should expect immediate downside from here.
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Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!