Copper is supported by 3.7300
Copper is testing the critical resistance 3.8500. A break above this resistance can lead to a continuation higher to 4.000. Look for the upside continuation as long as the instrument is above the 3.6 – 3.7 zone. Copper has the biggest potential among commodities in 2023 and beyond.
Note: look for the long trades with a stop loss below 3.7500
“If you think Investing is risky, wait till you receive a bill for not Investing!” Jim Rohn
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