COPPER / YTD low update Aug 08, 11:34

COPPER Hits New YTD Low at 5.0411

COPPER fell to a new YTD low of 5.0411, breaking below the prior extreme of 5.214. This 3.32% decline marks a continuation of downward pressure without immediate reclaim signs.

Old YTD low
5.214
New YTD low
5.0411
Move
3.32%
30D / YTD
6.2014 / 5.0411
What changed
  • Price dropped from 5.214 to 5.0411, establishing a new YTD low.
  • The move represents a 3.32% decline from the previous extreme.
  • No reclaim observed; structure remains biased toward further downside.