On June 17 the sellers failed to press Copper To probe two -year low. On the following day the price opened with an upward gap then rallied breaking above the June 11 high at $5,956. The Relative Strength Index on June 20 crossed above 50 but remained flat after, reflecting the lack of momentum to push the price higher. Looking at the daily chart we notice last week Copper tested $5,975 and failed twice in closing above this level. This suggests the price might fall towards $5,856 contingent on clearing the daily support at $5,900. See the chart for more key levels if Copper closes below $5,856. In turn, if Copper ... (full story)