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Business / Finance

COPPER will continue to fall

Forex Club 23.01.2018 at 13:52

COPPER (HG) Strategy of the transaction Direction of transaction Selling Entrance (open price) 3,1560 Goal (closing price) 3,1180 Stop Loss 3,1750 Horizon till 19.00 MSK 25.01.2018

- copper prices broke the support level 3,1660 and 50-day moving average

- the Approach of the new year in China leading to lower demand for the metal by the largest consumer

- copper Inventories on the London metal exchange today rose by 28%

Options transaction

You must open a deal in Libertex for sale of copper (HG) not later than 24.01.2018 13:00 GMT with the following parameters (calculated for a Deposit of $500):

In the case of negative developments, the net loss will not exceed 1.5%.

If you want to get your position size multiplier, the potential profit and loss for Libertex, connect to the service the Morning from Forex Club.

Warning: Profitability in the past does not mean profitability in the future. Any projections are for informational purposes and do not guarantee results.

the longer-term signals for copper and other metals there are in my quarter cube Metals. To receive signals, you just have to fill out this form .

copper, metal, China, dollar, Forex club HG