COPPER (XCU/USD) – Week 27 – Another drop is close
Last week, we correctly anticipated Copper to start a correction that will push the price towards the resistance level.
In the coming days, we are expecting short-term bullish momentum until it reaches the resistance area. Afterwards, we anticipate the price to make another drop and break the support.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
In the coming days, we are expecting short-term bullish momentum until it reaches the resistance area. Afterwards, we anticipate the price to make another drop and break the support.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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