A double bottom has been made on the daily chart interval and an uptrend line is on the move. Copper is gonna start the rally very soon. It will reach 765-775 between August and September. Stay bullish on copper. #COPPER
We suggested the #COPPER around 734 with an aiming target of 738 and it moved down right from there. Hope everyone would have made a hefty profit out if it. Check previous posts to verify the levels. #COPPER
Innovation in EVs seen denting copper demand growth potential
The strong ramp-up in sales for EVs, led by growth in China, means copper demand will continue to grow for the remainder of the decade, but innovation in EVs has emerged as a limiting factor, according to two recent forecasts.
Moneycontrol
Innovation in EVs seen denting copper demand growth potential #COPPER