Copper (HG) — Market may be overweighting extreme COT positioning at 98.7th percentile as a…

Copper trading near yearly highs with physical supply tightness (backwardation at $130, LME inventory critically low) supporting bullish structure but concerns about extreme speculative positioning at 98.7th percentile COT and seasonal August headwinds creating tactical uncertainty ahead of Aug 12 U

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Copper (HG) — Market may be overweighting extreme COT positioning at 98.7th percentile as a…