Copper price makes another move to break consolidation
The third move of this consolidation, to be exact.
If the move proves to be real then gold would need to keep up the pace, lest…
…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).
For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by PayPal or credit card using a button on the right sidebar (if using a mobile device you may need to scroll down) or see other options. Keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar. Follow via Twitter @NFTRHgt.
