Copper LongCOPPER has settled on its legacy trend from late 2023 and has been consolidating massively on support and its 0.786 deep retracement level from its previous move up. We could be looking at a long position, to hold up to the next data highs. SL has been placed under next level of liquidity which coul
About CFDs on Copper
Copper is an essential industrial metal used worldwide. Copper prices are followed in financial markets around the globe and the metal is growing in popularity. Copper is widely used in construction and because of its electrical properties is found in wires and circuit boards. Copper is mined in open mines around the world, with Chile and the United States leading in overall copper production. The demand for copper is increasing as countries such as China and India continue to develop, while the supply remains tight. The growing demand and constrained supply is likely to keep copper prices volatile in the near future. Copper prices are commonly quoted in USD.
Displays a symbol's price movements over previous years to identify recurring trends.