COPPER (XCU/USD) – Week 19 – Strong bulls.
In our previous analysis, Copper continued, as expected, its strong bullish momentum.
In this context, we anticipate a pullback to occur in the following days, towards the support area before continuing the big Monthly uptrend.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
In this context, we anticipate a pullback to occur in the following days, towards the support area before continuing the big Monthly uptrend.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Comment:
The forecast is moving nicely. Still some room left for more correction.
Trade closed manually
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