Copper - BIG move today. Trump or the PATTERN? (Hint hint - who cares, really?)
July 30, 2025
Today, the White House said it would impose 50 per cent levies on semi-finished products, such as copper pipes and wires, and so-called derivative products, such as pipe fittings and cables and Copper broke down -17%. Must have been Trump, right?
Or, two weeks ago, I was talking about MAJOR RESISTANCE on Copper simply due to some nice projections and timing. Here's recap from two weeks ago: https://youtu.be/IuqGtlz1xOg?t=1978 .
Does it really matter ...? Either way, certainly appears that the Copper resistance is pretty significant at these levels.