Copper prices bounced nicely from our first support previously to reach our resistance target. We maintain our bullish outlook on Copper as prices are facing bullish pressure from our first support in line with our 61.8% fibonacci retracement and 78.6% fibonacci extension. A break above our upside confirmation level could see a further push up to our first resistance target.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Anche su:
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.