Copper price repeats the slow fluctuation – Analysis – 10-8-2022

Economies.com
2022-08-10 05:40AM UTC

Copper price still suffering the slow trades despite the positive momentum coming by stochastic, affected by the negativity of the moving average 55 that settles above the price now.

 

The price attempt to hold above 3.5000 will assist to activate the correctional bullish track again, waiting to start forming the bullish waves and attempt to surpass 3.6300 level to reach the next main target at 3.8600.

 

The expected trading range for today is between 3.4500 and 3.6300

 

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The expected trend for today: Bullish

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