Copper Analysis

Copper, also known as the red metal, is used in a wide range of industries and is the third most widely traded metal in the world. From construction and building industries, the auto sector, and the military, copper is an essential commodity. At Trading Room we provide frequent copper analysis and chart patterns, and actively trade the commodity ourselves.

Here are the charts and our commentary for the red metal:

Copper-featured-chart
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COPPER - a super strong day for the red metal

COPPER - a super strong day for the red metal and a confirmation of this double bottom pattern breakout. As repeated ad infinitum we were buying on weakness...
Copper-Featured
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COPPER - the red metal is over resistance today.

COPPER - the red metal is over resistance today. As mentioned over the last several weeks we have been buying on weakness at the 21-week moving average...
COPPER Daily Chart
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COPPER - The red metal appears to be putting in a handle and finding support at 21-day moving average.

The red metal appears to be putting in a handle here on the daily chart and finding support at the 21-day moving average. As mentioned before, we’ve been buying contracts...
Copper-Weekly-Chart
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COPPER - red metal comes meets the 200-week moving average.

COPPER - Weekly Chart. An update on the red metal as it comes up to meet resistance at the 200-week moving average. The 200-week is sloping down but...
Copper-Daily-Chart
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COPPER - up to the trendline in overnight trade.

COPPER up to the trendline in overnight trade. Can the 'W' continuation pattern that’s in the works on make an attempt at a breakout? Here's the daily chart...
COPPER Daily Chart
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Copper - W continuation pattern in the works

A 'W' continuation pattern in the works on COPPER. Ideally the 2nd low should be lower than the 1st, for the shakeout, and the mid high point a little lower...
COPPER - Daily Chart
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Copper recovered off its lows today.

#Copper recovered off its lows today. Must admit it was a little challenging to hold the positions of the red metal through the sell off, but we did 😅
Copper - Futures Daily Chart
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COPPER - A solid couple of days for the metal commodity

We had the chart here before the breakout as usual. The moving averages were converging and the news helped push COPPER over the trendline...
COPPER - Daily Chart
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COPPER - Infrastructure Commodity Breaking Out Today!

Copper breaking out today. You can't re-build without COPPER. President Trump announced his MAGA infrastructure plan. If the US is going...
COPPER - Daily Chart
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COPPER - Infrastructure Commodity Breakout Pending...

You can't re-build without COPPER. President Trump announced his MAGA infrastructure plan. If the US is going to have an infrastructure upgrade then...
COPPER Daily Chart Commodity
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Copper - Daily Chart for the red metal commodity.

Copper is one of our favorite commodities to trades - when Copper moves you feel it. Just be careful with position sizing when...
COPPER Weekly Chart
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A solid move for COPPER on Friday

Perhaps this week we'll get a test of the upper resistance zone for the red metal...

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