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COPPER chart - Trading View
Copper price continues its bull run, hits fresh record highs above 4.50.
Prices climbed on Tuesday towards the record highs as supply concerns buoy markets.
Worries about supply disruptions in Chile due to strikes and robust demand reinforced expectations of shortages.
Copper prices have pared some of the day's gains and were hovering around 4.4528 at around 13:45 GMT.
The pair has formed a Doji at highs with scope for a potential Shooting Star formation which could trigger some pullback.
Further, overbought oscillators warrant some caution. Major trend remains bullish, pullbacks are likely to be shallow.
