Copper futures with delivery on May have been trading within an ascending triangle over the last couple of weeks, with strong resistance at the 2.2345 barrier. The short-term moving averages lines are flattening near the 38.2% Fibonacci retracement level of the negative movement from 2.5268 to 1.9683 at 2.1815. Technically, the MACD, holding near the zero level, is […]