Gold Silver Reports- Copper is on a run that’s set to be the best in almost 30 years. The metal is on course for the longest winning streak since 1989, topping $7,300 a metric ton in London, on optimism about increased demand, supply disruptions in China and a weaker dollar.
copper tips
Copper MCX Intraday Trading Zone Between 358-378
Gold Silver Reports — Technically Copper market is getting support key at 362 and below same could see a test of 358 level, And resistance key is now likely to be seen at 372, a move above could see prices testing 378.
MCX Copper Trading Zone Key Between 366-375
Gold Silver Reports — Technically Copper market is getting support at 368 and below same could see a test of 366 level, And resistance is now likely to be seen at 373, a move above could see prices testing 375.
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Copper MCX Trading Levels Between 354—370
Gold Silver Reports — Technically Copper market is under short covering as market has witnessed drop in open interest by 7.23% to settled at 16868 while prices up 2.9 rupees.
Copper Derails as Shorting Continues
Gold Silver Reports — Domestic Copper prices faced the heat of events turning soar for bulls. The prices of MCX Copper declined by 1.26% to trade at Rs 368.50 per kg. Copper dipped to Rs 368 per kg on the evening session and tested a high of Rs 372.40 per kg on the higher side.
Copper MCX Upside Resistance 388 Sell on Rise
Gold Silver Reports — Technically MCX Copper market is under long liquidation as market has witnessed drop in open interest by -0.94% to settled at 11840 while prices down -1.1 rupees.