Gold and copper OF

Here are the two charts of Gold and copper futures I spoke about in my previous post :

I had made a mention of a buy signal in Gold and a sell signal in copper about 2 hours back.

Here’s how they have managed :

Gold Futures :

Gold was consolidating in a narrow range all morning. The buy signal and the move above VAH was just the impetus to break out for a sweet 250 point rise to PR2.

Copper Futures :

As Copper broke through the morning balance area, a range extension ( marked in yellow) became a destination point.

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