copper commodity channel

[ruthenium]

i would have thot base metal prices would be higher now given the recent rise of gold, silver, Pt prices

https://www.tradingview.com/chart/CO...nd-of-a-wedge/

Well if the interest rates and china demand picks up.....we breakout of this pattern.


I would hope I breaks UPWARD....but likely this is a continuation pattern to finish another test of the lower boundary. With all the talk of electrification My hopes may be granted....with the equities markets keeping up and rate hikes possibly slowing down UP would be the final breakout...

[yellowsnow]

https://www.tradingview.com/chart/CO...nd-of-a-wedge/

Well if the interest rates and china demand picks up.....we breakout of this pattern.


I would hope I breaks UPWARD....but likely this is a continuation pattern to finish another test of the lower boundary. With all the talk of electrification My hopes may be granted....with the equities markets keeping up and rate hikes possibly slowing down UP would be the final breakout...

good, i'm holding on a small stash of copper scrap to be cash out.