Market Overview

Technical Forecast for Copper

Share:
Technical Forecast for Copper

 

Copper beat 7442/44 but only made it as far as 7533. Back below 7442/44 we could test support at 7369/67 but below here we are looking for 7355 possibly a test of good support at 7255/45.
 
Above May highs of 7480 look for a test of yesterday’s high at 7533/34 then tough resistance at 7554 this week.

The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: Technicals Commodities Markets Trading Ideas

 

Related Articles

View Comments and Join the Discussion!