Appears to be the bottom of a minor correction, Vix Fix indicator highlighted for confirmation + ABC consolidation pattern.
Very bullish on copper due to high demand for batteries in the next decade, from electric cars (some countries are banning gas-powered cars) to solar panel systems.
Demand for copper to proliferate between now and 2035-2040.
-Monitoring
Very bullish on copper due to high demand for batteries in the next decade, from electric cars (some countries are banning gas-powered cars) to solar panel systems.
Demand for copper to proliferate between now and 2035-2040.
-Monitoring
Note
Sources/data:"Copper demand for electric cars to rise nine-fold by 2027: ICA"
reuters.com/article/us-copper-demand-electric-vehicles/copper-demand-for-electric-cars-to-rise-nine-fold-by-2027-ica-idUSKBN1940PC
"The Electric Vehicle Market and
Copper Demand" - white paper
copperalliance.org/wordpress/wp-content/uploads/2017/06/2017.06-E-Mobility-Factsheet-1.pdf
Note
steady climb up..Note
increase in upward momentum. demand for Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.