Copper price keeps the negative stability – Analysis – 4-5-2022
Economies.com
2022-05-04 06:54AM UTC
Copper price provided new negative close below the resistance at 4.3500 level for today, to reinforce the domination of the expected bearish bias, gaining extra negative momentum will make us expect renewing the pressure on 4.1800 level, in order to find an exit to resume the decline and reach extra stations that are represented by 3.9200 and 3.6700 level in the upcoming period.
The expected trading range for today is between 4.3500 and 4.0000
The expected trend for today: Bearish
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