Copper Price Analysis
Expected Scenario
- The Copper price continued to form new positive trades, approaching the first main target by touching $4.5400 level and settling near it.
- Additional support is forming at $2.3000, and stochastic continuous positive momentum allows for suggesting more bullish attempts that might target $4.6400 level soon, followed by reaching the next target at $4.7800.
Expected Trading Range
Between $4.4200 support and $4.6400 resistance.
Trend Forecast: Bullish