January 10, 2012

COPPER Testing triangle resistance line

  • Copper is testing the resistance line of the triangle pattern. 
  • If price closes the day above 100 Day SMA and out of the triangle then Bullish trades of copper will extend gains. Unable to breakout of the triangle will be negative for bulls. 100 SMA is an important level for bulls of copper to hold on closing basis.
  • SILVER RESISTANCE LEVELS
  • CRUDE OIL TESTING RESISTANCE BAND

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