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Copper Price Forecast: Rally Continues on Demand
The copper market gapped higher to kick off the trading session on Friday, showing signs of strength again as the market has been in an uptrend for some time. That being said, it makes sense that the copper market will eventually find reasons to go higher. There is a bit of optimism out there for a US peace deal with the Iranians, but quite frankly, I don't know if we're that close to it. Nonetheless, what we have is a situation where short-term dips continue to be buying opportunities. It is probably worth noting that the $6.50 level just above is going to be a bit of a short-term barrier, but longer-term, the $6.75 ... (full story)