LD_Perspectives

Copper Gold Ratio

Commodities | Copper/Gold Ratio: This chart looks at the performance of Copper vs Gold. An upward trend reflects Copper outperforming Gold while a downward trend reflects Gold outperforming Copper on a relative basis. Currently, the price is potentially developing a bearish flag formation where a break of the incline support trend line may trigger a change in medium term trend and a test of the prior pivot zone. The two-day candle structure sees Copper under-performing Gold.
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