rludvik

XCUUSD - on radar for investment

Long
OANDA:XCUUSD   CFDs on Copper (US$ / lb)
One for patience building.

Let's see when the pullback will start and how low it may go. First area of interest is between 2.43 - 2.50. If this won't hold, next (and preferred) area is between 2.25 - 2.30. In both cases aiming at least for 3.00. Let's not predict and give it some time.

In the time of putting this together, I also noticed @ridethepig 's idea on this one: hence confidence in my analysis rose :)

Monthly chart:

Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
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