Traders are taking bets [buying calls] on the London Metal Exchange (LME) that copper prices will hit $12,000 per tonne by December.
MCX Copper
Copper Forecast : Analyst Team Targets $8895 Neighborhood
Copper Forecast : Copper Picks up Momentum : Copper (LME) is picking up momentum and the long-term outlook stays clearly bullish. Analyst team targets the $8895 neighborhood.
MCX Copper Tips Today : Copper High 674.50 Enjoy
MCX Copper Tips Today : Copper prices yesterday settled up by 2.03% at 657.4 as top metals consumer China returned from a week-long Lunar New Year holiday, with brightening demand prospects and supply concerns underpinning the market.
MCX Copper Market Technically Under Fresh Buying – Neal Bhai
MCX Copper yesterday settled up by 1.52% at 629.55 as dollar languished near its lowest in a week as investors began entertaining doubts about the scale of a recent rally driven by expectations of a faster pandemic recovery in the United States than elsewhere.
Copper Prices Pulling Back in the next Coming Weeks, Buy on Dips
Copper prices this could be an opportunity to buy the dip. They see potential for copper prices pulling back in the next coming weeks for the following reasons:
COPPER MCX TIPS : BUY CMP 606 Add More if Come 600 Target 627
COPPER MCX TIPS : BUY CMP 606 Add More if Come 600 Target 627. Copper mcx yesterday settled down by 0.14% at 596.55 as euro zone’s economic downturn deepened in January as coronavirus-induced lockdown measures hit the services industry.
Copper MCX Tips Today Blast or Not – All Target Hit – Neal Bhai
Copper MCX Tips Today Blast or Not – All Target Hit. Copper prices edged lower on Tuesday as the industrial metal continues to be pressured by demand worries after data earlier this week showed easing manufacturing activity in China, the world’s top consumer.