Copper had a long term double bottom similar to what silver. Copper took some time to work through the base and eventually test the previous high and then explode. Interesting to see the interaction of copper price versus the 50 and 250 day EMAs. The crossover of the 50 and 250 also was a key sign of strength. Silver seems to be on a similar path, offering significant upside, if copper's past actions are any clue.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.