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Copper: No floor under this market; Glencore: bearish target through 85p

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 19, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Francis Hunt from The Market Sniper, joined today’s Tip TV Finance Show to share the outlook for Copper prices, Glencore share price, and further his forecast for 2016. Copper: Not far from the 200 target Hunt highlights his trade recommendation for Copper, going short from 232, and expecting a move towards 200. He adds that there is no floor under this market at the moment. On the China story, he says big cracks remain over the recovery outlook for the economy. Glencore: Going lower Looking

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