Saturday 24 August 2013

Hi Traders,

24 AUG 13, 1:30 PM

Daily Trend : UP
Weekly Trend UP

The copper has just closed above the weekly resistance of 467. The copper is able to have 5 daily closing and 2 weekly closing. This shows price acceptance of the area. The break below 467 will change the trend to sideways or down. Breakout trade is a risky trade. Trade accordingly.

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