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From setup to surge: Copper $HG_F targets fresh highs
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FXStreet Forex & Commodities News
Copper (HG_F) has been unfolding a bullish impulse from the March 23, 2026 low, showing a higher‑high sequence in the weekly structure that called for further extension.
Our strategy advised members to avoid selling and instead buy dips in 3, 7, or 11 swings at defined blue box areas.
Update — June 27, 2026 (Four‑hour chart)Rally from March 23 low ended at $6.7160.
Wave (C) targeted the blue box at $6.1326–$5.7819.
Update — August 12, 2026 (Four‑hour chart)Copper reacted strongly higher after completing the correction in the blue box.