Copper remains under pressure, and it should continue to do so after a weaker CHN PMI over the weekend, and with US tariffs
expected to hit this week (Jul 6th). Pressure will ease if Trump pulls back at the last minute.
So once again, this is a trade that depends as much on politics as it does on broader technical considerations.
expected to hit this week (Jul 6th). Pressure will ease if Trump pulls back at the last minute.
So once again, this is a trade that depends as much on politics as it does on broader technical considerations.
Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.