Copper (HG) — -0.8 between 6 support and 6.4 resistance with 5/10 confidence

Copper consolidating from January 2026 record highs with elevated prices under pressure from ICSG's July 1 forecast reversal to surplus outlook for 2026-2027, market balancing structural supply constraints (Grasberg offline, sulfuric acid export ban) against demand uncertainty from China tepid PMI e

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Copper (HG) — -0.8 between 6 support and 6.4 resistance with 5/10 confidence