In the article I mentioned that we are now in the Mid-year phrase of the copper cycle, and copper price is expected to rise.
At that time copper was trading at $7623/ metric tons, yesterday copper closed at $7854/ metric tons. If you had bought 1 lot of copper and took profit yesterday, your profit will be (7854 - 7623) x 25 = US$5775.
In my article I also written that copper price tends to fall from end September or early October, traders should short copper. If you are interested to tap on this downtrend, you should start open a commodity trading account now.
If you are interested to open an account to trade commodities online, click here.
My websites:
www.CommoditiesTradingPro.com
Investment-News-Update.blogspot.com
AllAboutOil.blogspot.com
www.ForexandBinary.com
0 comments:
Post a Comment