Scenario Analysis for Copper Price Expected Scenarios Copper price successfully reached the second positive target at $4.6700, encountering the extension of the bullish channels resistance line. Formation of sideways trades is anticipated while stochastic continues to provide positive momentum, facilitating the breach of resistance. New positive stations may be targeted, with potential extensions towards $4.8000 and $5.0200. Trading Range The expected trading range for today is between $4.5800 and $4.8000.

Trend forecast: Bullish