On the daily chart, there is downside risk towards the top end cloud chart support zone!
If support holds at the cloud level, we should see a rebound from cloud support.
Thursday, 21 September 2017
Copper: Consolidating towards top end cloud chart support zone!
Copper: Consolidating towards top end cloud chart support zone! After a strong rally it got very close to old cloud cart resistance zone of 3.228. Copper consolidated its gains and corrected down towards old cloud chart support level of 2.945. It is now fighting for support at this key level.
On the daily chart, there is downside risk towards the top end cloud chart support zone!
If support holds at the cloud level, we should see a rebound from cloud support.
On the daily chart, there is downside risk towards the top end cloud chart support zone!
If support holds at the cloud level, we should see a rebound from cloud support.
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