Hunan Weide Bulk Commodity Investment Promotion

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Hunan Weide Bulk Commodity Spot Trading Center Investment Hotline QQ Manager Liu Hunan Weide Spot Investment, Hunan Weide Personal Agent, Hunan Weide Bulk Commodity Investment, Hunan Weide Agent, Hunan Weide Investment, Hunan Weide Silver Investment, Hunan Weide German company agent, Hunan Weide Silver agent, gold, silver, copper, fuel hydrocarbons, energy, palladium.
After a strong rebound, copper prices may finally break a five-year downward trend, but the presence of a large number of speculators in the market makes the copper market prone to short-term reversals, technical analysts and traders said.
Because copper is widely used in industry, some investors view copper as a leading indicator of the global economy. Copper prices hit a monthly high of $1.00 a ton on Wednesday, having risen 1% in the past week. It's a very important point right now, but copper has been in a five-year downtrend and I think it's a little bit premature to say that copper prices are going to continue to rise. The point at the end of this week is important.
Technical analysts pinpoint the key breakout level in USD. If it can break through this key level, it will be a signal for copper to enter a bull market from a bear market.
Dh, a senior technical analyst at Commerzbank, is cautious, but believes that copper's long-term downward trend has passed. He said that before restarting the long-term upward trend, copper prices may first fall back to the monthly high in the US dollar, and then look at the target US dollar, because there is selling in the US dollar, and copper prices are expected to retrace at this price.
Hunan Weide Bulk Commodity Spot Trading Center investment hotline: QQ Manager Liu