HG1! Copper Monthly retracement likely Long

Copper FuturesCOMEX

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⋅ Aug 11, 2022 9:46 PM

As per my monthly divergence note, we have hit the target zone at the 50ema

A medium term retracement is likely to around the 61.8% - will look on lower time frames to see if there are any zones there that would be worth watching when we get closer

Trend Analysis Fibonacci