silver hit 61000 almost copper 742 almost pls chk last week or 2 week ago told here silver slel or relaxxx soo 61000 or 19.70$ see almost hit now ready for nxt move
MCX:COPPER1! Daily macd crossed below zero line with double top in price action. one bounce on 4 hrs chart timeframe near 760-765 is best selling zone the trg of upto 700 in month of March contract. do your own analysis before trade. This is my personal observation and not a trading recommendation.
mcx copper stya blw 760 sell on rise sl 769 expect 740 tgt-- as per daily chart candlestick formation looks dipsss and look for gap fill till 732 as i expect and should come 753--45 also yes blw 4$ closing in comex will pressure more sell side till 3.93--3.85$
copper how simple is this above range is just equal to down channel range
we buy @ 620 on 28 september 2022
jo hona hota hai wo hota hai
triangle and today triangle target hit with our final target.
Japan sticking to ultra loose policy will lead to usd upward thrust eventually. Already reflecting conflict in policy. This is enough to put brakes on dollar slide.
This tug off war has to put brakes now.
Selling copper with sl 788 closing basis for targets 780,770 in coming sessions
Intraday
Copper Short (17 Nov)
RSI- 51
Sell at CMP- 688
SL- 689.7
Target- 683
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IN spite of Bullish COT Reports - Copper Still seems to be working to kick out the last bear.
While Weekly Momentum is up and Daily Down, Looks like it still has one or two legs down before it moves up.
3 to 3.1 Area Looks interesting. Watch Out for it.
Have Patience and keep a Watch on Daily Momentum
Copper prices have been rising in the past two weeks as producers chile flagged supply risks.
1. Souring heat wave in west seek demand for energy generation
2. The demand in electric vehicle adoption would likely to grow despite risk of economic slowdown.
To add fuel to the fire, The largest miner of copper Chile posted a 1.5 percent YoY fall in Industrial...
