COPPER- Poised for a Correction

FX:COPPER   CFDs on Copper
Copper prices snapped a five-session winning streak on Tuesday as investors held off on making large bets ahead of a U.S. Federal Reserve meeting expected to give more direction on monetary policy .

Benchmark copper on the London Metal Exchange was down 0.8% at $9,735 per tonne at 1635 GMT , after touching its highest since June 15 at $9,924.

“Given the scale of moves we have seen since the (close of business) 19th July ... some sort of pause was to be expected especially given the Fed’s two-day meet,”.
🌐 Telegram Channel : https://t.me/fxprofessor88
✴️ Telegram Subscriptions: https://t.me/FXPROFESSOR_bot
⏩ BTC 100K Vid: https://www.youtube.com/watch?v=hQiz1059a1c&t=2s


Great perspective.
Excellent setup,thank you!