Archive for Tag: commodities

copper technical analysis


COPPER FUTURES Technical Analysis: Weekly Chart In the weekly charts, Copper futures is trading in an upward channel. It is trading above all SMAs: MA (5), MA (20), and MA (50). The immediate support is 4.5886 and the resistance level is at 4.9146 Copper futures is trading in an...

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Gold range-bound as markets eye Ukraine crisis, Fed policy stance

Gold was trading 0.41% up at $1,945.50 European shares gave up early gains to trade flat on Thursday, as the war in Ukraine marked a month and Western nations planned more sanctions on Russia. European gas prices soared after Russian President Vladimir Putin said the country would seek payment...

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