China’s Stimulus Measures Prop Up Copper Prices

Via AG Metal Miner The Copper Monthly Metals Index (MMI) fell 4.29% from May to June as the average copper price continued to show short term volatility. Copper prices ultimately rebounded after declining in May. After the start of the month, the copper price index started forming short-term patterns that showed potential upside reversal. However, price action would need to continue up and break through resistance levels to establish a clear uptrend. China Stimulus Sees the Copper Price Rally Source: MetalMiner Insights…