Copper prices are facing bullish pressure from our first support in line with our 78.6% fibonacci retracement and 100% fibonacci extension where we could see a bounce above this level. Stochastic is testing our support at 7.55 as well where we could see a bounce above this level.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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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.