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Sunday, April 3, 2016
COPPER UPDATES FOR APRIL 3 2016
SUNDAY
WEEKLY UPDATE
Mcx Copper prices was trading in negative territory for last one week and was closed
exactly at its support levels at 318, decisive trade or close below 318 we expect
prices to correct further up to 310 – 308 levels,
sell only on close below 318 is advisable ,
RSI is well below 50 mark which is supporting the down trend.
Weekly Call :
Sell Copper only on close below 318
and add further on rises up to 320
with sl above 323.5
for targets 312 – 310 – 308.
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