Copper consolidation before the upside continuation

Copper is retesting 3.7300

 

Copper is retesting the broken upside resistance of 3.7300. A bounce here is required for the upside continuation and an extension higher to 4.2. Only a break below 3.7000 would lead to a deeper pullback which is highly unlikely given the price action we see now that is showing signs of continuation.

Note: look for the long trades with a stop loss below 3.7000

 

 

 

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