Copper Price Analysis Expected Scenario The Copper price failed to surpass 4.8500$ level recently, which pushed it to press on 4.7500$ support line and settle below it as appears on the chart, also, stochastic exit from the overbought areas will increase the pressure on the current trades, to expect activating the correctional bearish attack by targeting 4.5200$ and 4.3100$ levels. On the other hand, succeeding to jump above 4.8500$ level and provide positive close will push the price back to the bullish track, reminding you that the positive targets are located near 4.9500$ followed by reaching 5.1500$ recorded high. Expected Trading Range Between 4.8300$ support and 4.5200$ resistance.

Trend Forecast: Bearish