Copper

5th January, 2015 - Commodity Trade Setups

Copper 4 Hour chart
On the 4 hour chart, copper appears to be in a down trend. We expect this downtrend to continue if 395.8 level is broken till 390 levels. Short at 396, SL: 399, TGT: 390


Zinc 4 Hour chart
Zinc has a strong resistance near 139.7 levels. On a break above 139.7, zinc could rally till 141.3-142.5 levels. One can go long as per above levels with SL at 138.9

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