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:
Right now the price sits at the top of the 4-year Rising Wedge pattern and on the 1W time-frame it is a textbook technical sell sig
Copper Futures
5.8270USD / LBRD
+0.1055+1.84%
As of today at 19:58 GMT
USD / LBR
No trades
About Copper Futures
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.
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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.
President Donald Trump’s announcement of a 50% tariff on U.S. copper imports (effective
CLong

Copper looking good an upmoveKey Observations
Channel Pattern & Elliott Wave Count:
Price action is moving within a well-defined upward-sloping channel (yellow lines).
An Elliott Wave structure is marked (① to ⑤). The price just completed wave ④, suggesting the next move may attempt to form wave ⑤ towards the upper channel b
MLong

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
CLong

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
CShort

$COPPER triangle trade?CAPITALCOM:COPPER triangle has potentially printed and a triangle is an Elliot wave pattern that results in a terminal thrust up to complete a motif wave.
That would trap bulls as price terminates with a poke above the all time high keeping them believing they can capture the same gains already g
CLong

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!
Let us know what you think in the comments below.
Thank you.
75.2% of retail investor accounts lose money when tra
RameThe break of all-time highs triggered an acceleration of the bullish movement.
The movement could continue if the orbital resistance at 5.895 is broken, with a target of 6.82 to be achieved by August 26, 2025.
The bullish scenario would be negated if the support at 5.25 is broken.
CLong

Chart Pattern Analysis Of Copper
K2 and K3 is a strong bullish up engulfing pattent.
K4 started with a bull gap to verify it.
It seems that K5 or K6 will break up the resistance to test the target line in the near future.
If I didn’t buy it earlier,I will try to buy it here.
I still hold the idea that the expensive metals such a
MLong

See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
HGN2025
Jul 2025DMarket open
5.8015USD / LBR+1.83%
HGQ2025
Aug 2025DMarket open
5.8120USD / LBR+1.90%
HGU2025
Sep 2025DMarket open
5.8270USD / LBR+1.84%
HGV2025
Oct 2025DMarket open
5.8520USD / LBR+1.92%
HGX2025
Nov 2025DMarket open
5.8795USD / LBR+1.96%
HGZ2025
Dec 2025DMarket open
5.8930USD / LBR+1.79%
HGF2026
Jan 2026DMarket open
5.9960USD / LBR+3.31%
HGG2026
Feb 2026DMarket open
6.0005USD / LBR+3.08%
HGH2026
Mar 2026DMarket open
5.9330USD / LBR+1.79%
HGJ2026
Apr 2026DMarket open
5.9875USD / LBR+2.54%
HGK2026
May 2026DMarket open
5.9460USD / LBR+1.78%
See all HG1! contracts
Frequently Asked Questions
The current price of Copper Futures is 5.8270 USD / LBR — it has risen 1.84% in the past 24 hours. Watch Copper Futures price in more detail on the chart.
The volume of Copper Futures is 36.89 K. Track more important stats on the Copper Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Copper Futures this number is 106.53 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Copper Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Copper Futures. Today its technical rating is strong buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Copper Futures technicals for a more comprehensive analysis.