MTECHTIPS;-Copper prices to move higher towards 318. 50 levels: Choice
Copper MCX Copper prices have given breakout of its symmetrical triangle formation at 307 .40 levels on hourly chart . Furthermore, prices have been trading above its 100 HEMA on hourly chart . On the other hand, COMEX Copper price has shown breakout of its horizontal trend line at $2.09 levels . On the other hand, momentum indicator RSI is trading above 60 levels on hourly chart . Outlook For now we expect prices to move higher towards 318. 50 levels in coming trading sessions.
WWW.MTECHTIPS.COM
07489294118-119
Copper MCX Copper prices have given breakout of its symmetrical triangle formation at 307 .40 levels on hourly chart . Furthermore, prices have been trading above its 100 HEMA on hourly chart . On the other hand, COMEX Copper price has shown breakout of its horizontal trend line at $2.09 levels . On the other hand, momentum indicator RSI is trading above 60 levels on hourly chart . Outlook For now we expect prices to move higher towards 318. 50 levels in coming trading sessions.
WWW.MTECHTIPS.COM
07489294118-119
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