$COPX - SAFE HAVEN -
Added 2024-06-20 11:21:04 +0000 UTCCommodities pulled back over the last month as the market raced higher but we have seen some support and bounce today on an important level for Copper and Silver.
$COPX managed to bounce on the 0.5 Fib support level at $43.36 and is now back up to its 0.38 Fib at $45.59.
Like $SILVER holding above $30, $COPX needs to recapture the $47.19 level again to support and this can move higher to our First Target at $67.
We can see that $SILVER has already done this today, so needs to hold now.
