Copper has a very grim chart.
The big waves of expansion of megacities and demand for copper is gradually diminishing.
Fiber optics has replaced lots of its former use.
The big waves of expansion of megacities and demand for copper is gradually diminishing.
Fiber optics has replaced lots of its former use.
Comment:
After this drop, Copper is a long-term buy, because weekly charts are - believe it or not - bullish. There is trend-culmination in the stock market around May 2020 and copper should rise with it.
Trade active
Comment:
Goooooood! A new lower low. Who would have guessed?