⚠️ $HG RETREATS TO 5.70 AS CHINA DEMAND HANGS IN LIMBO
Entry: 5.70 🔥
Flood limit bids at 5.70 on Top-tier exchange, forcing the weak longs back into coverage. Track block volume; large-sized sellers probe 5.65, so keep radar on the next China prints for liquidity grabs. Let the pullback lure retail before you squeeze the stop cascade toward 5.60, where industrial demand must materialize to prevent a deeper wash.
China demand clarity is the key emotional lever, so the market keeps teasing before committing. Without fresh data, liquidity hangs in the 5.60 zone, making any false breakout a trap for momentum chasers. If the bulls cannot reclaim 5.70 with heavy flow, the next leg down will flush the weak hands before the real buyers step in.
Not financial advice. Manage your risk.
#Copper #Commodities #ChinaDemand #MacroAlpha
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