EuroMotif

XCUUSD ready to bounce? Copper near Critical Support zones

OANDA:XCUUSD   CFD na miedź (USD / lb)
Disclaimer:
I do NOT follow the Copper market, only Gold and Silver.
I do NOT know how Trade War news effects this asset.

Copper prices have been falling for some time now.
Price is now approaching critical support zones (Green).
If we get a bounce, price should test resistances (Red).

The plotted Support zones are admittedly pretty broad in range.
Normally I can spot rather narrow ranges to define as important.
In this case the price action thus far has left some wide spaces.

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See some of my other plots and trade calls below.
I also plot Forex and Crypto, take a look at my profile page.

Gold long
Silver long
Oil long
SPX bot June 1019
SPX top April 2019
SPX top Oct. 2018
FaceBook bounce
Twitter bounce
NetFlix bounce
Amazon scalp

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

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