Prices have been approaching towards the major support of 424-423 regions. So, for ensuing selling sentiments prices need to break below the same to target towards 421/418 levels. Anyhow, failed attempts to break 423 could generate short covering rallies towards 428/430 or even higher towards 433. Copper and closed below 1 week low with volume signals down breakoutCurrently Copper is in HOLD SHORT position The Copper is in downtrend For short term buy only if close above 433.0 The Copper is now trading in highly oversold level. The Copper is now trading in highly oversold level. The oscillator is showing SELL signal....
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