copper commodity channel

[everything1]

RE push, EV, charging stations, allot of demand, but plenty of it, price gonna fall into recessionary. Thus, build up of inventory?

[ruthenium]

Those same rate hikes are a real drain on the budgets for any new copper exploration and development.

Copper now at 325.

https://www.tradingview.com/x/IRKmgCu3/

copper gold/breaks down...definite angst in the market. maybe some stockpile sales....

https://www.tradingview.com/x/5hFVyfC1/

[ruthenium]

https://www.tradingview.com/chart/CO...-rising-wedge/

I don't know where they get the volume indicator but the volume is also rising. I think therre are many copper shorts but I know there is a cloud of locusts in the gold shorts.....

[ruthenium]

https://www.tradingview.com/x/FFXxSVhI/

if stuff is down on Monday, I will be looking to add some more to a miner position. Volume is good.

[ruthenium]

https://www.tradingview.com/x/YmtAepym/

I put some bids in...but copper may go lower...332

https://www.tradingview.com/x/LHIZHVuF/

[oak333]

The amount of copper in the warehouses of London
Metal Exchange has halved in the last eight days.

The copper goes to China.

https://finance.yahoo.com/news/rpt-c...000000961.html

[ruthenium]

^^^ I did hear that too, and f few of the other metals.....my other favorite metal too...some other rumors about china clean energy strategy..

https://www.tradingview.com/x/SkHQxEIo/

I missed some of my bids for miners on the open...but they pulled back anyway...

copper gold still trending up...sort of...and a test of the upper trend...

https://www.tradingview.com/x/IXGT5hcI/

[ruthenium]

Maybe moving back to the 368-343 range... for a while..

https://www.tradingview.com/x/sbvFA3H1/

copper gold ratio looking to test 200 MA

https://www.tradingview.com/x/0KXujhIy/

[ruthenium]

https://www.tradingview.com/x/QnYs5LY0/

Making a wedge between 200MA daily and 200MA Weekly...mostly the bump is the dollar falling out of ballistics. Look at the volume..falling...of late.

[oak333]

We do not have enough copper for our green energy goals

Mark Bristow, Chairman of Barrick

My note: in my opinion, the supply and demand situation is the
best indicator.

https://www.cnbc.com/video/2022/08/0...rgy-goals.html