Copper price looks for support
As surmised possible in the previous copper post, the copper price lost the short-term lateral support point and is now looking for support at the up-trending moving averages. FWIW, I held CPER, turning a nice paper gain into a puny one. Ah well…
Copper is still considered at support pending the convergence of the black dashed breakout re-test and said up-trending moving averages.
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