Copper price awaits to surpass the barrier – Forecast today – 3-4-2024

Expected Scenarios:

1. Copper price continues to fluctuate within the bullish track, touching $4.1000 level and settling near it.
2. Main stability is observed above the additional support at $3.9500.
3. Stochastic continuous positive momentum signals suggest surpassing the $4.1500 barrier soon.
4. This could open the way to resume the bullish attack and reach new main stations, starting at $3.3000 followed by $3.4200.

Expected Trading Range:

• The expected trading range for today is between $4.0500 and $4.3000.

Trend forecast: Bullish