Copper is a soft malleable metal with properties like gold and silver. It is determined by its demand ranging from building construction, electronic products and transportation equipment. Being a very good conductor of heat and electricity, it has a wide verticle of industrial uses.
Fluctuations or movements in the trading price of copper is heavily indigent on demand from emerging market economies like India, China and Korea, etc. During times of economic prosperity, these nations demand large quantities of copper, which increases the metal’s price. Also, during economic downturns demand for copper drops, and so does the price. Traders should be aware of this dynamic when trading copper.
Below are some factors which influence Copper trading
Copper Making a small yet consistent profit with entry at 426.15 and exit 429.55 earning a profit of 3.40 points
Copper Making a small yet consistent profit with entry at 432.55 and exit 429.29 earning a profit of 3.26 points
An analysis platform for Copper traders, serving trading signals which assist in finding trading opportunities. With every signal, a clear view of when to buy and when to sell, and exactly where to set your stops and limit yourself is highlighted.
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