Appears to be the bottom of a minor correction, Vix Fix indicator highlighted for confirmation + ABC consolidation pattern.
Very bullish on copper due to high demand for batteries in the next decade, from electric cars (some countries are banning gas-powered cars) to solar panel systems.
Demand for copper to proliferate between now and 2035-2040.
-Monitoring
Very bullish on copper due to high demand for batteries in the next decade, from electric cars (some countries are banning gas-powered cars) to solar panel systems.
Demand for copper to proliferate between now and 2035-2040.
-Monitoring
Commentaire:
steady climb up..
Commentaire:
Long setup earlier in the week worked out perfectly, MACD flipping up
Continued, slow upwards movement is expected
Continued, slow upwards movement is expected
Commentaire:
increase in upward momentum. demand for $copper is going through a change of hands at the moment.
"Copper demand for electric cars to rise nine-fold by 2027: ICA"
www.reuters.com/arti...27-ica-idUSKBN1940PC
"The Electric Vehicle Market and
Copper Demand" - white paper
copperalliance.org/w...lity-Factsheet-1.pdf