COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-426 R1-422 S1-410 S2-406
Copper dropped weighed down by a strong dollar, renewed signs of rising global supply and concerns about slack demand from China.
An HSBC private survey of Chinese manufacturing (PMI) for September proved slightly disappointing showing a final reading of 50.2.
Traders were squaring their books ahead of a week-long holiday in China. The ShFE will be closed from Wednesday.
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