Copper: Looking For More Upside Price Action (Weekly Chart)

Long

CFDs on Copper (US$ / lb) (OANDA:XCUUSD)

Updated

OANDA:XCUUSD CFDs on Copper (US$ / lb)

Comments on the chart

Comment:

For 2 weeks now price has gone nowhere - even threatened a brakdown move. However the close today is encouraging. If price takes out this week's low I will move on so still positive on the idea at the moment

Comment:

Price turned around this week and moved up. It is now clearly bullish and I expect more traders to jump on board to move price up. Weakness in thee $ is helping

Related Ideas

about XCUUSD

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