I wouldn't jump to conclusions. It rose really quickly from the initial news and is retracing a bit waiting for more news to come. Has there been any big sell orders?
Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks
CUF CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch