Copper is in a consolidation mode as it is forming “lower top higher bottom” pattern. Currently, it has bounced back...
Read moreCopper has seen a sharp correction from the high of 3.16. More importantly, the red metal has witnessed a ‘five-wave’...
Read moreAdjacent chart shows price movement of MCX Copper continuous contract. Copper corrected around 7.3% after hitting fresh high of 451.35...
Read moreCopper broke out from the downward sloping channel in the previous week. However, in Thursday’s trading session, it has re-tested...
Read moreCopper is trading in a downward sloping channel. It has seen a rebound from 2.47 and is trading above the...
Read moreCopper found resistance at the upper end of the Downward Sloping Channel and has seen a sharp fall thereafter. It...
Read moreCOMEX copper has been in a consolidation phase since hitting a high of 2.73 in November 2016. Since then, it...
Read moreCOMEX has formed a multi-month triangular pattern. Since the beginning of October, copper has been tumbling toward the lower end...
Read moreCOMEX copper had been falling in a channelised manner for the last few weeks. In the penultimate week, it broke...
Read moreCOMEX copper formed the right shoulder of an inverted Head & Shoulder pattern, which is a bullish pattern. It broke...
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