The copper price is slowly but surely breaking away from our blue target zone between $3.7730 and $3.5445. Since the price has already placed its low of the magenta wave (x) within this zone, we expect significant rises above the resistance at $4.19. It should then go down to our green target zone between $3.0860 and $2.5965.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.