-
Anything New in Copper?
An invalidation of the breakdown, the volume, and the trend line. What do these three key factors tell us about the future of copper? chart Looking at the daily chart, we see that the bulls took advantage of the proximity of the green support zone and slowed down the march of the bears to the south at the end of last week. This started a consolidation (marked with orange) between an intraday high (3.841) and an intraday low (3.757) of the big red candle formed on Jan.9. When we take a closer look at the chart, we can notice that buyers tried to push the price higher and return above the previously broken moving ... (full story)