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Copper price confirms the negativity– Forecast today – 3-6-2024
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Copper price confirms the negativity– Forecast today – 3-6-2024
Jun 3, 2024 1:52 AM

No escape from activating the negative track for Copper price in the current trading, as it suffers strong negative pressures that began from the repeated stability below the resistance at 4.7200$, besides forming a strong extra motive that confirms the trading confinement within the negative trading. The continuation of providing negative momentum by stochastic will ease the mission of hitting the initial target at 4.5200$, then wait for reaching the next main target near 4.3100$. Expected Trading Range Between 4.6500$ support and 4.3100$ resistance.

Trend Forecast: Bearish

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