Copper Touches Major Resistance Level on Monday | Metals Mine

  • Copper Touches Major Resistance Level on Monday

    From dailyforex.com

    Copper continues to watch the artificial intelligence world, and the massive amount of demand that will be coming out of that endeavor. Copper will remain “buy on the dips” going forward. Copper The copper market has rallied rather significantly during the trading session on Monday, testing the $6.50 level. The $6.50 level is an area that traders have been watching after we had that spike through it at the end of January. Quite frankly, copper is going to be one of the major markets to watch as there are a lot of concerns about supply for AI and data centers. When you look at the stock market, that is all that ... (full story)

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