Copper: Event-driven Trade Idea on Recent TariffsCOMEX: Micro Copper Futures ( COMEX_MINI:MHG1! ), #microfutures
The Event
On July 9th, President Trump announced that he would impose a 50% tariff on imports of copper, effective August 1st.
The decision was based on national security assessment. Copper is the second most used material by the U
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COPPER Top of 4-year Rising Wedge. Sell.Copper (HG1!) eventually followed the bearish break-out signal we gave on our last analysis (April 03, see chart below) and within 2 days it hit our 4.1250 Target:
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Tariffs Ignite a Copper FrenzyCOMEX copper has surged to a record premium over London Metal Exchange (LME) copper over the past few weeks, reflecting a lucrative arbitrage as traders rush metal into the U.S. ahead of looming import tariffs.
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Copper Cup & Handle Formation - Confirmed by Half-Yearly CloseIn a recent interview, Kevin Warsh, a former Member of Board of Governors Federal Reserve said: “External shocks like wars, pandemics, and supply chain disruptions may cause a spike in prices, that's not inflation. That's more like the weather. Inflation's more like the climate.
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Copper - the hot topic this weekUS is planning to implement tariffs on copper imports at a scale of 50%. It's an interesting move, which might not make much sense. Let's dig in.
MARKETSCOM:COPPER
COMEX:HG1!
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75.2% of retail investor accounts lose money when tra
Copper LongsBullish Bias for copper. Looking for daily BPR target, then possibly relative equal highs.
Ideally would like to pair a bullish weekly profile with longs. If the week opens lower first and delivers to a key level, thats favoring longs. So looking for Monday, Tuesday or Wednesday to create the low o
Bullish Reversal Builds in Copper: Eyes on $5.20 Resistance
The current price has closed above the Bollinger Band middle line (20-day SMA), indicating short-term upward momentum.
A sustained close above 4.90–4.95 could open the way to challenge the psychological level of 5.00 and possibly 5.20.
Immediate resistance: 4.95 → 5.00 → 5.20
Support zones: 4.7
MR. COPPER GOES FUN. WITH DONALD TRUMP — IT IS A BULL RUNCopper prices in 2025 are up about 27 percent year-to-date, driven by a complex interplay of technical and fundamental factors, with geopolitical events such as the Trump administration's tariff policies and the escalation of geopolitical tensions in the Middle East having a significant impact.
Fu
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