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XCU/USD - Week 51 - Wait for your buy setups

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Copper set further year-to-date highs during Friday’s trading session in anticipation of an US economic stimulus package and we expect the price to continue the bullish trend after a short-term correction. We will wait for a reaction around the trendline. Don’t jump in any trade if you don’t have a clear setup.

Trade with care!
Financial Flagship

Disclaimer: The analysis provided is just informal and it should not be used as financial advice. You need a plan before you trade, but we assume this can help you have a better idea to where the market is heading next.
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The price bounced off the trendline and it can go and make a new top. We expect soon a deeper pullback to the south.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.