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COPPER: Supply-Demand Expectations Are Loose, Copper Price Will Depreciate
High inflation is difficult to ease shortly, the monetary policies in Europe and the US are difficult to turn, and the cumulative negative impact of the high interest rates will continue to emerge. Also, global economic growth will slow down, demand growth will descend, while the supply side maintains a high growth, and the loosening of supply and demand will drag copper prices down further.
8018.000
ENTRY PRICE
7600.000
TGT PRICE
8150.000
SL PRICE
132000
Points
Loss
7600.000
TGT PRICE
8152.605
CLOSING
8018.000
ENTRY PRICE
8150.000
SL PRICE
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PROFIT +2819 Points
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