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Copper Technical Analysis - Bulls and Bears are watching these key levels

The weakness in the global manufacturing sector and especially in the Chinese economy have been weighing a lot on Copper prices. We had a good rally following the news of China pledging more stimulus to support the economy, but eventually most of the upside got undone as the Chinese Manufacturing PMI fell into contraction for the first time in 3 months. The headwinds for Copper remain and the market can’t run for too long based just on expectations, so the fundamentals need to turn around if we... Read More

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Content Topics

Copper

Technical

Analysis

Bulls

Bears

Watching

These

Levels

Forex

Posted: Aug 3 2023, 08:04

Author Name: forexlive

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