Copper is approaching support, potential bounce
Copper prices are approaching our first support, in line with our 38.2% fibonacci retracement and 78.6% fibonacci extension, where we could see further upside above this level. Stochastic is showing a bullish divergence as well, in line with our bullish bias.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.