COPPER 0.00% $2.71 copper futures

"From a technical perspective, a logical target for the bulls is...

  1. 3,420 Posts.
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    "From a technical perspective, a logical target for the bulls is the February 2011 high of US$4.6495 per pound"

    Breached the US$4.6495 per pound high this morning.

    Currently copper spot is US$4.657 per pound.

    Copper nominal high.jpg

    https://tradingeconomics.com/commodity/copper

    Cheers

    These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
 
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