Copper Is Poised for a Hammering

When gold plummeted in mid-April, fortunes were made and lost. I gave Real Money Pro readers several technical strategies to short gold on April 10, which was two days before the start of the yellow metal's epic tumble. Among the factors cited was an extremely large bearish technical pattern on the gold chart that had formed over a two-year period.

Gold isn't the only metal that has had a rough ride lately -- hard commodities in general have taken a beating. Silver also plummeted in mid-April, and unlike gold it has failed to generate a bounce from its lows. While the rout in gold and silver is already on, a similar move in copper may be just beginning....455 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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