Copper Price Forecast: Technicals Stabilizing, Fundamentals in Question
Copper Price Forecast: Technicals Stabilizing, Fundamentals in Question Advertisement Copper Price Outlook: Copper prices have almost staged a meaningful recovery in July. Just not quite yet as more technical resistance remains overhead. The demand side hasn’t recovered since news out of China that the government would release industrial metals stockpiles to cool their respective rallies. Trading is a function of both price and time; the technical uncertainty can be resolved either through a correction in price action or more sideways chop. Minor Recovery Thus Far Ever since late-May, when ...
Source: dailyfx.com