Copper Price Analysis Expected Scenario The Copper price repeated the negative close below 4.8500$, to force it to crawl below the bullish channels resistance line at 4.7600$, hinting its surrender to the domination of the correctional bearish bias by touching 4.6230$ level. The above chart shows stochastic negative momentum signals, to increase the negative pressures and confirm the bearish scenario for now, to expect targeting 4.5200$ followed by 4.3100$ levels. Expected Trading Range Between 4.7600$ support and 4.5200$ resistance.

Trend Forecast: Bearish