Chart technicians note that copper futures have bounced from the 50-day moving average, confirming dynamic support. The $4.18 level is now viewed as the immediate breakout target. Data is a real-time snapshot "Data is delayed at least 15 minutes.
Global Business and Financial News, Stock Quotes, and Market Data
and Analysis. “Copper prices were almost synthetically high because of this pre-buying,” said Yates. Latest copper futures chart shows prices hovering around $4.12/lb on COMEX, with traders eyeing Chinese manufacturing PMI data for directional cues. Momentum indicators suggest a possible short-term consolidation before a breakout.
