Long

Updated

Quietly building longs

Big level here oversold on multiple supports. HG_F

Note

Copper seasonality along with anything XXXUSD hasn't been super helpful this year.

commodityseasonality.com/metals/

charts.equityclock.com/opper-futures-hg-seasonal-chart

Note

Mean reversion after ranging between the Year CAMs for XAUEUR suggests a retracement back to the 2017 close.

snapshot

Note

Today is the first day I have witnessed in a while where yen, bonds, gold all getting along.

Note

We are finally getting the move I was waiting for this week, and what a move it is.

Note

Not since November 2016 has copper had this good of a week, when price busted the tight wedge at the bottom.

Note

Big move in commodities today, copper looks great

snapshot

Note

I hope copper stays right where it is until tomorrow. That would generate 2 weekly inside candles. We could get a similar move of late september up after that.

Find the edge.

Website: daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: paypal.me/mortdiggiddy

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Find the edge.

Website: daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: paypal.me/mortdiggiddy

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.