Copper looks ready to move further up and if latest highs of $3.10 is taken off then we may see it moving further towards $ 3.12/3.13.
MACD has given positive cross over at $ 3.07. RSI being close to 60, RDX factor being 3 indicating long bias , china data for the metal were also good today , considering all the technical parameters combined with favorable data should take it further up.
MACD has given positive cross over at $ 3.07. RSI being close to 60, RDX factor being 3 indicating long bias , china data for the metal were also good today , considering all the technical parameters combined with favorable data should take it further up.