Copper closed the previous week in red and made an inside bar candlestick pattern on weekly charts (red horizontal line) which suggest sideways movement. Trending move will come only on a break of high which is placed at $3.7130 or break of low which is placed at $3.5315 till then the copper will…
Gold trading in narrow rising channel
Gold is trading in a narrow rising channel since the beginning of the month. It breached the previous swing high and is rising gradually. Currently, the yellow metal is at the support level of 40 DEMA as well as the lower trendline of the channel. A bounce…