Copper price still bullish – Analysis – 6-12-2022
Economies.com
2022-12-06 05:33AM UTC
No change to copper price bullish track despite providing correctional bearish wave yesterday, due to the frequent stability within the bullish track that depends on the stability of the major support 3.5000.
Also, 3.7000 level continues to form additional support, and the major indicators provide continuous positive momentum, allowing us to keep the bullish overview until breaching 3.8500 to manage to achieve more gains that start at 4.0500 and 4.1800.
The expected trading range for today is between 3.7000 and 4.0500
The expected trend for today: Bullish
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