$COPX - SAFE HAVEN -
Added 2024-05-10 04:33:57 +0000 UTC$COPX has broken above the $47.20 level which has been the high for the last 3 years but we want to see a bounce above the level and retest of this support level to confirm the breakout.
We can see on the Silver and Gold charts that they follow this movement very carefully, respecting Fib levels and support/resistance levels, so a clean breakout should be followed by a retest.
These charts tend to move a lot slower than equities as they are considered havens and alternatives for portfolio allocation, but if you have the patience to wait for support confirmations to add, you will benefit greatly, which we have done with Silver.
