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Thomaswestw
Aug 27, 2021 9:55 PM

Copper at Critical Level - Will Bulls or Bears Win?  

Copper FuturesCOMEX

Description

Copper is looking to reestablish prior trendline support, which would put the red metal back on a bullish path. Although failing to pierce the level would likely see prices fall back to the psychologically imposing 4.000 level. Momentum appears to be healthy with RSI rising and the MACD line crossing above its signal line, a bullish sign.
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