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Copper fell below $10,000/t as a sharp rise in global inventories prompts traders to zero in on weak condi,tions in the spot market. Stockpiles on the Shanghai Futures Exchange have climbed to the highest since 2020, and there have also been a steady stream of smaller inflows into Asian depots tracked by the London Metal Exchange over the past few weeks. ...
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Gold prices plummeted 5.48% off the record highs registered last month with XAU/USD now testing longer-term trend support. The focus is on a breakout of the weekly / monthly opening-ranges as we head into major event risk early in the month. These are the updated targets and invalidation levels that matter on the XAU/USD short-term technical charts. chart ...