After making new highs in the beginning of this year, a correction is intact on copper. Traders should focus on this corrective consolidation (visible
MCX Copper technical analysis
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Known as the stethoscope of Global economic measure, Dr. Copper saw good momentum on last few weeks. Prices rallied from 2.10 to 2.50 within
September was obviously a good month for Copper. The Industrial metal outperformed its counterpart commodities. Price action is driven by infrastructure requirements, especially the
Hedge funds and other money managers have tripled their bets in Copper per CFTC reports. Price action made higher highs creating a technical markup