Copper Down Long Term
The recent record highs in copper seems to be quite over done.
Chart has formed a backward wedge of some sort, which typically reverses down.
Expect copper to slowly move south over the coming month to the 61% FIb level.
Chart has formed a backward wedge of some sort, which typically reverses down.
Expect copper to slowly move south over the coming month to the 61% FIb level.
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.