Copper Is Sliding With Gold and Silver Toward Key Support

Copper technical analysis shows prices pulling back from multi-year resistance alongside gold and silver, as a key uptrend support is tested. Razan Hilal, StoneX Media Market Analyst, walks through copper's monthly and daily charts and the support lines in play. A bearish monthly RSI divergence is raising the risk of a longer-term pullback, while the daily chart shows a potential diamond reversal pattern. The golden ratio Fibonacci retracement lines up with copper's contracting formation since 2017, and a breakout above this year's highs would bring AI demand back into focus. 0:00 Copper Drops With Gold, Silver 0:15 Copper RSI Divergence Warning 1:03 Fibonacci Support Under Copper 1:37 Golden Ratio Meets 2017 Range 2:08 Copper Breakout Tests AI Story 2:42 Copper's Diamond Reversal Risk Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_razan_hilal&utm_content=share Like and subscribe for more financial market insights. #Copper #StoneX #RazanHilal #TechnicalAnalysis --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social