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Copper price confirms the negativity – Forecast today – 5-6-2024
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Copper price confirms the negativity – Forecast today – 5-6-2024
Jun 5, 2024 1:54 AM

Copper Price Analysis Expected Scenario The Copper price reacted to the negative factors represented by the major indicators that provide the negative momentum to repeat the negative closings below 4.7200$ resistance line, to notice providing clear negative pressures on 4.5200$ obstacle, assuring the importance of breaking this level to open the way to resume the negative attack and ease the mission of recording the waited targets at 4.3100$ and 4.1500$. Expected Trading Range Between 4.6000$ support and 4.3100$ resistance.

Trend Forecast: Bearish

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