EURUSD & GOLD

True.

So the possibility of an interest rate hike quickly appreciated the USD and depreciated GOLD. The drop in GOLD has nothing to do with the release of MSFT results. I think the issue is now clear.

usd index

Let's see how it goes during the week

After London open it will be clear if I was wrong

Contract expires and supply shortage will push price

Support. From here it starts again until the divergence between open interest and volume appears again (30.01)

[quote=PatienceFx;


Why the US Has Built a Massive Copper Stockpile

1.
Energy transition
Copper is essential for:[LIST][*]power grids[*]electric vehicles[*]batteries[*]renewable energy (wind, solar)[/list] The US expects a surge in demand and prefers to secure supply in advance.
2.
National security
Copper is considered a strategic material, used in:

1. military equipment
2. critical infrastructure
3. advanced electronics

Lessons from the pandemic and rising geopolitical tensions mean that reliance on imports is a risk.

3.
Global supply constraints

1. New mines are difficult and slow to develop (permits, costs, local opposition)
2. Global production is not keeping up with demand
3. Major producers like Chile and Peru face political instability and operational issues

The US is buying now, while supply is still available.

4.
Impact on the global market
Large-scale stockpiling by the US:

1. reduces available copper on the open market
2. pushes prices higher
3. creates pressure on importing regions (Europe, Asia)

In short: the US is absorbing copper from the global market.
5.
A deeper signal

The article’s implicit message:

Copper is becoming the “strategic oil” of the electric age.

This suggests that:

1. high prices may not be temporary
2. competition for resources will intensify
3. major states are thinking long-term, not speculatively

Key takeaway

The US is not doing this for short-term trading.
It is a strategy of economic and energy security, confirming that:

 

1. the green transition will be extremely resource-intensive
2. copper is one of the most critical materials of the future

10Y T NOTE / OPTIONS:

Situation What does it mean
Volume ↑ + OI ↑ New positions, trend is consolidating
Volume ↑ + OI ↓ Position closures, possible end of movement
Volume ↓ + OI ↑ Positions held, waiting
Volume ↓ + OI ↓ Market exits, low interest

Resistance:

Yesterday's divergence shows us what the USD will do today?

In fact, ADP gives us an approximation of what NFP will be like. We just need to look at the data where the biggest moves are.

This explains why US10Y started diverging on February 10th, Futures/options speculators knew this.

https://adpemploymentreport.com/

A very simple yet very powerful strategy that works wonders in any pair you trade

It looks like the electrocardiogram of a deceased person.

https://www.forexfactory.com/news/13...-of-valentines

Ultra powerful

Hello everyone im new to the forum, greetings to all ! Im expecting to GOLD to fall as well lets see

Yes, Sir!

Now we have yesterday's data here. Open interest has increased; volume is going to increase as well.

But, be careful, Initial jobless claims was previously at its maximum because it was the end of the month. Now it will be lower.