COPPER (XCU/USD) – Week 34 – Ready to go up.
Copper made a new low inside the correction, bouncing off the support level and reversing.
In the coming days, we anticipate the pair to make a small pullback and reach the orange trendline, as the consolidation seems to be completed.
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 anticipate the pair to make a small pullback and reach the orange trendline, as the consolidation seems to be completed.
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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