FxWirePro Call Review: Copper short-term sell target reached; expect buyers to emerge

Last Tuesday, https://www.econotimes.com/FxWirePro-Copper-fails-to-break-last-peak-further-short-term-selloffs-likely-1363383 we urged our readers to go short on Copper at the then current rate of $3.24 per pound as it failed at the key resistance of the range that has been in place since October last year around $3.3 per pound area with a target of $3.13 per pound.

Copper has reached our anticipated target around $3.13 per pound and we would like to urge our readers to book profit on the short term sell call as we expect the buyers to start emerging.

For longer horizon outlook check out our longer-term call and profit booking plans here, https://www.econotimes.com/FxWirePro-Call-Review-Maintain-short-positions-in-Copper-interim-targets-added-and-profit-booking-plan-revised-1176824