COPPER (XCU/USD) – Week 30 – Bulls are knocking on the door.
Copper dropped at the beginning of the week, but shortly reversed, and now is making another attempt to break the resistance.
In the coming days, we are expecting the price to increase and make a fake break-out, but shortly after we are expecting another drop that will push the price towards 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 the price to increase and make a fake break-out, but shortly after we are expecting another drop that will push the price towards 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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