Markets
LME copper to rebound to $7,300/T
SINGAPORE: LME copper is expected to rise to $7,300 per tonne as it refused to resume a downtrend.
The metal only pierc
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SINGAPORE: LME copper is expected to rise to $7,300 per tonne as it refused to resume a downtrend.
The metal only pierced briefly below a pivotal support at $6,800, and the following rebound is strong enough to extend to $7,300.
A fall below $6,678 will confirm a progress of the downtrend towards $6,300.
No information in this analysis should be considered as being business, financial or legal advice. Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses.
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