Copper Hits New YTD High as Price Reclaims Prior Peak

Copper futures rose to a new YTD high of 6.8906, surpassing the previous extreme of 6.8831. The move reclaimed the earlier level and showed continuation upward, gaining about 0.11% from the prior peak.

• Price exceeded prior YTD high, setting new extreme at 6.8906.
• Break above old extreme of 6.8831 represents a ~0.11% move.
• Reclaim of prior level signals continuation of upward trend.