Commodities

Copper price begins to rise – Analysis – 12-1-2022

2022-01-12 05:58:13 GMT (Economies.com)

Copper price succeeded to gather the positive momentum, to notice the beginning of forming bullish trades and reach 4.4500 level, moving away from 4.3300 support line, which confirms the continuation of the positivity, waiting to achieve the first main target at 4.5200, while surpassing it will extend trades towards 4.6200 as a next barrier against the bullish trades.

 

The expected trading range for today is between 4.4000 and 4.5200

 

The expected trend for today: Bullish

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