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Dealmoney - Commodity Daily - 24-Jan-20	Download pdf

Copper

• Copper has good run up in last two months where price tested high of 460 levels

• But from these levels we are seen turn around in the trend

• After range bound movement in last few sessions copper fell quite sharply yesterday

• Slow down in china due to out break of deadly virus was major concern which is taking toll of price

• If price goes below support of 445 there could be further fall towards 440 levels also