Copper Technical Analysis – We are at a key technical level ...Middle East

Fundamental OverviewCopper has been on a sustained downtrend since reaching its peak in May. More recently we’ve been seeing some life coming back into the market with an increase in the bullish momentum last week as the mining giant BHP said on last Tuesday that it had started removing workers on strike at its Escondida copper mine in Chile. In the big picture, stable global growth and major central banks cutting rates into resilient economies should be bullish drivers for the copper market and more expansionary policies from Chinese officials might give an even stronger boost. The timing though is the trickiest part.Copper Technical Analysis – Daily TimeframeOn the daily chart, we can see

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Copper Technical Analysis – We are at a key technical level ...Middle East

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