$COPX - SAFE HAVEN -
Added 2025-03-20 13:17:49 +0000 UTC$COPX is a safe haven position we have been following for a number of years now and although it doesn't have the same strength as Silver and Gold right now, the chart still looks good and could be positioning itself for a strong move soon.
Price has managed to break back into the long ascending triangle and is testing the 200 Day MA at $43 now, a flip of this level to support and the triangle top line at $47 could be next....but a hold above this level and the First Target I believe can happen at $66 if there is a flight to safe haven positions over the next few weeks.
This is how the Gold chart looked under $2000 too before a strong breakout to $3000 in 1 year.
Comments
$FCX similar I assume
Chase Roberts
2025-03-20 17:23:10 +0000 UTC
