Rally from wave (W) low at 2.209 is unfolding in double corrective structure WXY where wave W ended at 2.418, wave X ended at 2.3053, and wave Y of (X) is in progress towards 2.516 – 2.64 area before turning lower at least in 3 waves. Short term, wave (w) can extend to 2.484 – 2.5, then it should pullback in wave (x) before higher again. As far as 2.305 pivot stays intact during wave (x) pullback, expect copper to continue higher again towards 2.516 – 2.64 area.

Copper

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