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Can Copper Reach New Highs?

Commodities & Energy

Andrew Hecht

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May 16, 2025

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Barchart

After reaching a new record peak in March 2025, COMEX copper futures prices plunged, but remain just above the critical technical support level. Copper rallied to a lower high before selling took the price to just below the midpoint of the March and April trading range.

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