Technical copper outlook for Medium term
As we can see on below Copper daily chart, double bottom reversal pattern has been formed and trend is bullish for near team after breakout at 2.87 neckline.
Continue ReadingAs we can see on below Copper daily chart, double bottom reversal pattern has been formed and trend is bullish for near team after breakout at 2.87 neckline.
Continue ReadingGold declined after hitting a multi month high of $1346.77 to a low of $1280 levels seen yesterday.
Continue ReadingIn our previous mail we had hinted for a breakout in zinc prices ( new reader may scroll down) and as expected it broken out of 3100-3200 mark .As seen on the chart , Zinc LME futures prices were holding to 3100-3130 mark for some time and the movement was restricted within the rising wedge as seen on the chart.
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