Copper prices are coiling up between critical chart barriers, setting the stage for what could be a trend-defining move ahead. Resistance is marked by a downward-sloping barrier capping upside progress since mid-2018. A rising trend line established from early-September lows stands as near-term support. Breaking higher – with confirmation on a daily close above 2.7610 – opens the door to challenge the 2.8355-8710 chart inflection zone. Alternatively, a breach of support – now at 2.6240 – looks likely to pave the way for a test of the 2.5160-5520 price floor dating back to mid-August of 2018. Copper price chart ... (full story)