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- Peter Goodburn
Commodities Outlook Supplemental - COPPER!
​Copper has just broken above a key resistance level traded last July at 5032 which significantly weakens the prospect of a more immediate decline unfolding to lower lows. The triangle pattern described in November’s monthly report required prices to remain below 5032 if more immediate declines were to unfold. Now that this level have been exceeded, this next but final phase of declines to lower lows is postponed. Please note that this is a supplemental report for the COMMODITIES OUTLOOK pub...
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