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Copper has formed a rather large rising wedge, up against key resistance. Around two thirds of the time, rising wedges suggest that lower prices are ahead, when formed. Keep a very close eye on Copper the next few weeks, to see if Copper pushes farther away from line (2).
If history is any guide, Copper has an above average track record, per suggesting where the global economy is headed…watch Copper here and now!!! What Copper does going forward could impact Silver too!!!
