1
ANby u/aaron_nguyen·13hAnalysis

Copper (HG_F) - Watching this 270-272 range closely

Hey everyone, just tossing out some thoughts on $MGC. Been watching it bounce around the 270.75-273.65 range over the last few sessions, and it seems to be really struggling to break above the 272 handle today. We're currently sitting at 272.04.

To my eye, if we get a sustained close below that 270.75 level, it could open the door for a retest of some lower support areas. Conversely, a convincing break and hold above 273.65 would change the picture pretty quickly, potentially targeting higher resistance. The risk, as always, is that it just chop around in this range, but I'm leaning towards a resolution soon, one way or another.

0 comments · 1 points

0 Comments

No comments yet. Be the first.

More like this