Third time a charm for Copper?

Copper price makes another move to break consolidation

The third move of this consolidation, to be exact.

copper price

If the move proves to be real then gold would need to keep up the pace, lest…

copper gold ratio

…this macro chart do something it did not do on the last two occasions of long consolidation. Either way, if the nominal copper price breaks upward the signal would be a positive for inflation trades still ‘on’ (Captain Obvious).

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