JuanpabloMartinez
Long

long on copper: targets 2.62-2.69 for next weeks

FX:COPPER   Copper
14 0 0
the market is in oversold area and suggest a trend change angle from down trend to lateral or down-lateral trend, in fundamentals the cost of production in south-america and Australia of the biggest mines are near to the actual prices, this suggest a temporary close operations are in the table or an adaptation of the offer closing from those mines with cost over 2.5, for example, EL SALVADOR (CODELCO) or LOS BRONCES treatment plant (ANGLOAMERICAN).

OPEN LONG
entry point: 2.27-2.37
targets: 2.62-2.69
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out