Copper must decline– Analysis – 20-8-2019

Economies.com
2019-08-20 06:35AM UTC

Copper price will resume the suggested negative attack if it kept its negative stability below the resistance that is located at 2.6200, stochastic reach below 50 level reinforces the negative scenario by providing a new negative momentum, to keep waiting for the price reach to 2.5500 soon, then extending the trading towards 2.4660 to form the initial target of the bearish track.

 

The expected trading range for today is between 2.6200 and 2.4660

 

The expected trend for today: Bearish.

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