Gold and Copper face technical resistance after hitting key price targets

Gold has challenged the psychological 4,000 barrier after moving through a previous objective near 4,080. The market is currently testing a bearish gap between 4,040 and 4,060, with a daily close below 4,036 potentially confirming the closure of a previous bullish gap from July.

Copper has reached a projected objective near 637 and staged a rebound, though the recovery has encountered significant resistance. Both commodities are currently undergoing technical tests to determine if recent price movements indicate market exhaustion or the start of a larger trend.