RE: Copper31 Jul 2017 22:49
Hi Fresian,
Copper has been on an unprecedented bull run building momentum over the last 12 months with each month breaking new ground, its only natural that there will be profit takers & shorters trying to put the brakes on the upward trend, also the rise is not only due to demand from China but the weak dollar making copper an attractive safe haven, I'm not overly worried but I do see copper prices cooling off slightly over the summer when trading volumes will be lower.