By Mike Larson
Not for nothing, but gold and copper are both very close to breaking out to the upside.
Here is the gold chart, and you can see how the yellow metal at +$6 and change is about to hit a four-month high.
The copper chart actually looks modestly more bullish, as it is finally invalidating/breaking above the level that preceded its massive March breakdown. If we hold here, it would look even more bullish for the metals!
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