Copper Buy a break setup.
XCUUSD - Intraday - We look to Buy a break of 4.551 (stop at 4.512)
Daily signals are mildly bullish.
We are trading at oversold extremes.
A higher correction is expected.
A break of the recent high at 4.550 should result in a further move higher.
Our profit targets will be 4.651 and 4.671
Resistance: 4.550 / 4.600 / 4.650
Support: 4.450 / 4.400 / 4.350
Daily signals are mildly bullish.
We are trading at oversold extremes.
A higher correction is expected.
A break of the recent high at 4.550 should result in a further move higher.
Our profit targets will be 4.651 and 4.671
Resistance: 4.550 / 4.600 / 4.650
Support: 4.450 / 4.400 / 4.350
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