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Here’s Why MCX Copper Yesterday Moved Down

Posted: 22 Feb 2021 10:09 PM PST

LONG-TERM INVESTORS:
Copper has broken March 2020 resistance trendline, and true resistance breakout is a clear signal to buy. Target prices for long-term traders: 760 – 800+

INTRADAY TRADERS:
But at present, MCX copper can pullback to the previous resistance line to continue an uptrend. So, intraday traders can sell for the following targets: 690 – 680 – 676

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