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Copper price holds above the support – Forecast today – 19-6-2024
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Copper price holds above the support – Forecast today – 19-6-2024
Jun 19, 2024 2:06 AM

Copper Price Analysis Expected Scenario Copper price ended the negative trades by facing 4.3500$ support line, to form solid obstacle against the attempts to resume the decline, to notice forming positive waves and settle near 4.4600$ again. Also, stochastic exit from the oversold areas confirms postponing the negative attack, to start suggesting some bullish trades that might target 4.6200$ followed by reaching 4.7700$ resistance line. Expected Trading Range Between 4.4000$ and 4.6200$

Trend Forecast: Bullish

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