Copper MCX simply on upside and seems to buying trend. Copper traded higher on Wednesday in what traders called a technical rebound from a fall of 1.2 percent in the prior session after the U.S. Federal Reserve gave few concrete hints of future stimulus measures for
the world's largest economy.
But gains are likely to be capped by lingering worries over the global economy after Fed Chairman Ben Bernanke painted a bleak picture of U.S. economic prospects and as the euro zone struggles with debt problems. In addition, China, the world's second-largest economy and biggest metals consumer, faces its slowest growth in three years.