About CFDs on Copper
Copper is an essential industrial metal used worldwide. Copper prices are followed in financial markets around the globe and the metal is growing in popularity. Copper is widely used in construction and because of its electrical properties is found in wires and circuit boards. Copper is mined in open mines around the world, with Chile and the United States leading in overall copper production. The demand for copper is increasing as countries such as China and India continue to develop, while the supply remains tight. The growing demand and constrained supply is likely to keep copper prices volatile in the near future. Copper prices are commonly quoted in USD.
Copper Stabilizes: A Tactical Long OpportunityAfter pulling back from recent highs, copper is showing signs of stabilizing. In my view, this move is more likely a correction within a broader uptrend rather than the start of a deeper decline.
I remain optimistic about the commodity sector in the near term, and copper is no exception. From curren
What a turnaround on copper futuresManipulation? Smells like it, but of course, this is just the market we are currently living in.
Let's dig in.
MARKETSCOM:COPPER
COMEX:HG1!
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Long the copper for a potential breaking upWith the expectation of PPI bouncing back from the deep valley because China is launching a 1.3 Trillion infrastructure plan to build the largest hydro dam in the Yarlung Tsangpo Grand Canyon on the Qinghai-Tibet Plateau, the long term global demand of industrial copper is more bullish than last ti
COPPER TECHNICAL ANALYSISCopper spiked into 5.8750 but is now consolidating just below short-term resistance at 5.6448, showing signs of a bullish continuation pattern. Price remains supported at the 5.4864 zone.
Currently trading at 5.4864, with
Support at: 5.4864 / 5.3157 / 4.9929 🔽
Resistance at: 5.6448 / 5.8750 🔼
🔎 Bi
Copper Eyeing Key Reversal Point – Will It Break Above 4.68152 ?Copper is currently hovering near the 4.68152 🔼 resistance after rebounding from the 4.50280 🔽 support. Price is reacting to the 50-period SMA, which is slightly above current levels and may act as a dynamic resistance. The overall structure remains mixed with recent lower highs, but bulls have step
Bullish Consolidation After the copper market exploded higher on the Trump Administration’s 50% tariff headline, the market has been quietly consolidating above the breakout level at 5.33. While above this level the risk is higher, and in case of a break back below the 5.30 level, the risk would be a larger retracement.
XCU/USD: Low-Risk Loot Opportunity!🔥 THE COPPER HEIST: XCU/USD Robbery Plan (Swing/Day Trade) 🔥
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Based on the 🔥Thief Trading Style🔥, here’s our master heist plan for the XCU/USD "The Copper" Metals Market! This is a high-probability long setup,
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Displays a symbol's price movements over previous years to identify recurring trends.