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COPPER Losing Some Steam for Now

123
Overall, I am still bullish on Copper to the mid $3.50 range. However, at this moment I am expecting a pull back because of a stronger dollar, a weak AUD, were at channel resistance, divergence, and we have made 3 waves up. I am expecting at least a rebound back to the 2.90 area, but I think 2.50-2.60 is very likely where we will have levels of support. At this point, I would strongly suggest to take off bullish bets and bet on the downside to happen.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.