COPPER (XCU/USD) – Week 29 – In the middle of a correction.
Copper ranged the entire week, as the price refused to reach the resistance level.
In the coming days, we are expecting the price to increase and hit the resistance area again, followed by a reversal that can reach the support area.
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 the price to increase and hit the resistance area again, followed by a reversal that can reach the support area.
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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