Category: Copper

Copper price and trend analysis

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Zinc Trading above support Zone

Zinc prices on monthly Chart are taking support on 1X1 Gann angles (The most important trend line) from the lows made in January, 2016. Moreover, currently prices are trading above the previous highs made...

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Copper is super strong

Copper prices are trading above all resistance zone in monthly candle chart and chances of touching $3.165 and $3.616 looks very high in coming months. Monthly Chart As per daily chart the price move...

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Copper Weekly Chart Analysis

Copper Weekly Chart Analysis: Copper prices on weekly basis are taking support from 4X1 angles from the low made in 1st week of October, 2011. Prices once broke this angle on weekly chart and trades...

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Copper daily chart analysis

Copper buy on dip is the trend. Supply zone and demand zone marked. Ultimate indicates OSZ. Dip around 2.07$-2.1 possible to accumulate. (current swing 61.8% at 2.05 and 78.6% at 2.01). Weekly chart indicate...

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MCX Copper – on daily chart

MCX Copper – on daily chart; Copper prices may get support near Rs. 321.50, daily candle closing below it, will push the prices till Rs. 314.40, other wise prices may bounce from Rs. 321.50...

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MCX Copper has not bottom out

MCX Copper has not bottom out; Copper prices on line chart clearly indicating down trend, as the prices have not broken downwards trend line since 2013. If prices on monthly line chart does not...

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Copper Intraday support level

Copper Intraday support level; Copper may take support near $2.222, breaking this level will push the price towards next support lies near $2.192 and $2.165 and finally at $2.131

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Copper Chart Analysis

Copper recovered fast from the low of mid  January, 2016. However, considering the low of 29th January, 2015 and high of 17th September, 2015 on Gann Angles. One cross over of these two angles are made on $2.155, whereas, Fib...

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