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Copper: Eyes $6 as Market Pauses After Shooting Star Signals
Copper has fallen a little bit during the trading session here on Friday and what has been a fairly quiet day the Thursday session was a shooting star and that was preceded by a shooting star on Wednesday, so it makes a lot of sense that we see some hesitation. The $6 level above is a large, round psychologically significant figure and an area that I think a lot of people will be paying close attention to. It obviously causes a lot of headlines and of course, copper is very sensitive to inflation and growth. Right now, we are seeing a bit of that in the United States and other countries as well. So that should ... (full story)
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- Jul 28, 2025 5:00am Posted byTechnical Analysis191
