Thursday, 11 February 2016

Commodity Trading Tips on Base Metals

Copper. It suggest that prices are taking support near 303.30 levels. Momentum indicator RSI is turning on the upside. If it crosses 307.70 then it can be seen approaching for 313.80 levels.

Nickel suggests that prices are expected to trade in sideways zone. It is likely to hold immediate support of 547.50 levels. On the upside, resistance is located at 569.60 levels.

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