Copper trading near 2026 highs supported by structural supply deficit and physical inventory tightness but facing seasonal August weakness headwinds and valuation concerns as market awaits China July PMI catalyst for directional confirmation
Gold erupts 7.15% on a jobs report that made the Fed's three dissents look quaint, crude collapses 9%, and the desk's ten NO CALLs watch the fireworks from the car park.
Copper key levels breakdown: support zones, resistance zones, confluence and price structure.
S&P 500 key levels breakdown: support zones, resistance zones, confluence and price structure.
Platinum institutional positioning: COT data, sentiment analysis and smart money flow assessment.
