After consolidating for almost a month, copper finally broke out of its consolidation period, and the price closed above its moving averages, indicating that buyers have gained upward momentum to continue its uptrend.
Seasonally, November and December are bullish for copper due to its demand worldwide during the winter period.
Seasonally, November and December are bullish for copper due to its demand worldwide during the winter period.
Trade closed: stop reached
hit sl
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.