COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-438 R1-432 S1-421 S2-415
Copper settled down depressed by concerns about the Chinese property sector and news of increased production.
An expected surplus in the second half of this year has also driven price concerns.
Evidence of plentiful supplies emerged when data showed weekly copper inventories in Shanghai warehouses rose by 28.9 percent.
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