Daily basis close above 475 will only make it bullish. Or it may hover between Demand and Supply Zone.
Hi, Copper MCX Resistance level.. 1.272 SELL. 1ST TARGET 448.1 2ND TARGET 445.8 STOP LOSS 460.
ENTRY 441.4 TARGET 445 STOPLOSS 438.5
This is just to share my understanding and for educational Purpose. I prefer simple and apt technical. If you like it. Please share your feed back, this would encourage me to share further.
ng fundamentals says buy , technical no clear story unless level cross
COPPER AFTER HAVING SUFFERED WATER FALL SLIDE HAS BROKEN THE PENDANT PATTERN IN DAILY & HOURLY CHARTS PROGNOSIS IS THAT IT MAY TEST THE NEAR BOTTOM OF 2.0
Buy Copper at CMP (2.67+) and on dips upto 2.65 T1: 2.78 T2: 2.85 T3: 2.94 SL: 2.599
Buy VEDL at 150-154 level, target of 169.80, 1-2 weeks time.
Copper hourly chart analysis - Channel and megaphone
Buy XCUUSDat CMP (2.66+) and upon dips upto 2.55 T1: 3.30 T2: 3.66 T3: 4.14 T4: 4.65 SL: 2.44
looking at the chart and price action combining fundamentals together I see gold could almost reach near to life high ( no where i say it will make a life high) IN NEXT 1 AND HALF YEAR ( 18 months) time period
Copper analysis - Right angled ascending broadening pattern