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The metal has been consolidating in a triangle which is expected to be bearish and could have completed, as it has developed a small five-wave structure. After bouncing off the upper trendline of the pattern, copper seems to be heading toward the lower trendline. Resistance is at 56,260 yuan, a rise above which will extend to 57,000 yuan. No information in this analysis should be considered as being business, financial or legal advice. Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses