SUNDAY

WEEKLY UPDATE

Copper prices was once again trading in the range between 410 to 415 levels, 

strong resistance for the commodity is at 417.5 levels and supports at 410 407 

and 403 levels, market seems to trade in the same range with down trend 

we expect correction to take place if prices hold at current levels and the 

correction extend up to 403 levels as we updated earlier.

Weekly Call :

Sell copper between 412.5 – 414.5

 with stops above 421.5

 for target 403.