#copper forecast

Copper Demand Continues to Outstrip Supply | Neal Bhai

Copper Demand: In the late-August copper price forecast update it was noted that “the shifting narrative around the supply-demand picture has created an opportunity whereby copper traders may be able to retake the pandemic uptrend, which would keep intact the prospect of a multi-month bull flag forming – and if viable, another jaunt to all-time highs.” Continue reading

Gold Silver Reports – Free MCX Nickel Tips, Above 845 Buy Every Dips Target 905—940 — Technically Nickel market is under long liquidation as market has witnessed drop in open interest by 32.11% to settled at 6764 while prices down 27.6 rupees.

(more…)

Copper MCX – Market Investor

Copper MCX Prices Hold Ground As Market Participant`s Eye 40 Labor Negotiations Due This Year Which Can Potentially Tighten The Supply Side Secnario If The Labour Issues At Various Mines Are Not Resolved. Meanwhile traders Also Look Forwrad To Chines Restoking Of Metal Ahed Of Chinese Lunar New Year Holiday Which Begins On February 16th

Gold Silver Reports – Copper MCX Sell on Rise, Downside Target 449—444 – Technically Copper market is under fresh selling as market has witnessed gain in open interest by 6.85% to settled at 12282 while prices down 2.25 rupees.

(more…)

Copper Trumps Politics as Investors Take Shine to Zambian Assets

Gold Silver Reports — Investors are overlooking Zambia’s political risk and buying the nation’s assets as the price of copper, its biggest export, rises.

(more…)

Copper MCX Intraday Trading Zone Between 358-378

Gold Silver Reports — Technically Copper market is getting support key at 362 and below same could see a test of 358 level, And resistance key is now likely to be seen at 372, a move above could see prices testing 378.

(more…)

MCX Copper Trading Zone Key Between 366-375

Gold Silver Reports — Technically Copper market is getting support at 368 and below same could see a test of 366 level, And resistance is now likely to be seen at 373, a move above could see prices testing 375.    

(more…)