Another big move for copper coming?

COMEX:HG1!   Copper Futures
49 0 3
Looks to be nicely consolidating into a pennant formation (having initially sat at a lower Fib level). The weekly 200DMA is also the top honizontal line on this chart and appears to be the main line of resistance to significantly more gains. Looks to me like another sizeable move could be on the cards if the pennant breaks.
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