Daily and 4 hour look the Copper chart – $HG_F
The below HG pattern was first identified and shared with you on 11/12/2012
As you can see the repeating downtrending pattern found termination at 3.45 and since has moved back up to 3.7 with 3.80 a possible point of inflection as the new year approaches. Charts after the jump.
|4 hour HG – note the downtrending resistance converging with 3.70|
|Daily zoom HG|