If you need something to be hopeful about, let this be the answer: copper has broken through key resistance.
The chart is short-term bullish. All the EMAs are moving higher, the shorter EMAs are above the longer EMAs and prices are above all the EMA. The MACD has also given a buy signal. After an initial burst, prices are now consolidating gains.
While we're hardly in rally mode, the advance is welcome.
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