wildcreamlife

COPPER No longer lovers?

OANDA:XCUUSD   Kupfer CFD's (US$ / lb)
I just realized the Copper suffered a big drop and well, I'm wondering if we see no longer lovers on copper. The red metal dropped more than 18% since June and metals are accelerating a selloff over fears that the trade fight between China and the U.S. will dent economic growth, stunting demand for raw materials. At the moment China is a very peaceful actor, but they have their own plan to revert any challenge to the U.S.

2 red ellipses are a kinda way to broad, but the monthly trend line seems an unavoidable spot where to go.

Keep in mind our last idea on Copper.

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