
Mike McGlone|Aug 24, 2025 18:05
When a market can't go down -- or else -- what are the risks? Gold has been building a base around 3,300 an ounce since April, while copper’s brief surge to a record high in July was followed by a retreat back to its uptrend line from the 2020 trough. That line needs to hold --or else. Bitcoin shows a similar pattern at 100,000.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t1c9e7gq1yvv {BI COMD}
#copper #gold #bitcoin @BBGIntelligence(Mike McGlone)
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