Goldman Sachs is sounding the alarm on copper's recent surge. According to their latest analysis, much of the metal's impressive rally has already played out, and the investment bank is concerned that a pullback could be imminent. The warning suggests traders should brace for potential volatility in the copper market, which often serves as a bellwether for broader economic health and industrial demand.
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StableNomad
· 5h ago
lmao goldman sounding the alarm again... statistically speaking they're usually late to the party anyway. reminds me of UST in May when the smart money was already out. copper's got like what, 70% correlation with real demand tho? risk-adjusted returns on this pullback could actually be juicy if you're patient.
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WhaleWatcher
· 5h ago
Goldman Sachs is bearish again, this time on copper? The signal that copper prices have peaked still doesn't seem obvious enough.
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NftMetaversePainter
· 5h ago
actually, let me unpack this through the lens of computational economics—copper's volatility patterns are basically just algorithmic noise masquerading as market signals. gs missing the real play here imo
Goldman Sachs is sounding the alarm on copper's recent surge. According to their latest analysis, much of the metal's impressive rally has already played out, and the investment bank is concerned that a pullback could be imminent. The warning suggests traders should brace for potential volatility in the copper market, which often serves as a bellwether for broader economic health and industrial demand.