XCUUSD giving short breakout
below 2.46825 it can go to the level
downside level 2.44760
keep safe line @ 2.48075
This view is valid for short term till EOD.
XCUUSD had given a short breakout. And a downside move is expected in it till 2.507/2.468 in a short span of time. For riding this downfall shorting it as near as to the 2.62050 will be beneficial with the stoploss at 2.6282 or can also be kept at 2.64288. Can also short it below 2.5880 with the same stoploss and add some more if goes up to the mentioned...
XCUUSD had given a short breakout. And a downside move is expected in it till 2.507/2.468 in a short span of time. For riding this downfall shorting it as near as to the 2.62050 will be beneficial with the stoploss at 2.6282 or can also be kept at 2.64288. Can also short it below 2.5880 with the same stoploss and add some more if goes up to the mentioned...
Copper is a buying opportunity upon 50 to 61.8% fib retracement levels around 2.085 levels with stoploss just below 2.06 for targets of 2.15 / 2.20. This could turn out to be a correction or the start of a new rally.. Price action would give more details.
Happy Trading!!
As per Daily chart, the price action is consolidating in a symmetrical triangle. Showcasing Lower Highs and Higher Lows. Enter at Breakout to gain best out of it.
